The USDCAD price traded with clear positivity in the previous sessions to confirm breaching 1.3471$ level, to start bullish wave that targets testing 1.3562$ initially, noting that breaching this level will extend the bullish wave to reach 1.3653$.
Holding above 1.3471$ is important to the continuation of the expected rise, as breaking it represents the key to return to decline and head towards 1.3360$ as a next negative station.
The expected trading range for today is between 1.3465$ support and 1.3590$ resistance.
Trend forecast: Bullish
Origin: Economies
