The USDCAD price traded with clear positivity to reach the thresholds of the first waited target at 1.3653$, and we suggest breaching this level to achieve more gains in the upcoming period, as it is affected by the previously completed double bottom pattern, to head towards visiting 1.3700$ followed by 1.3765$ levels as next main targets.
The EMA50 supports the suggested bullish wave, which will remain valid unless breaking 1.3562$ and holding below it.
The expected trading range for today is between 1.3550$ support and 1.3680$ resistance.
Trend forecast: Bullish
Origin: Economies
