The USDCAD price provided additional positive trades yesterday to reach 1.3700$ barrier, which supports the expectations of continuing the bullish trend in the upcoming sessions, and the way is open to achieve our main waited target at 1.3765$.
The EMA50 supports the suggested bullish wave, while stochastic negativity might cause some sideways fluctuation before resuming the expected rise, noting that holding above 1.3653$ represents key condition to the continuation of the expected bullish trend.
The expected trading range for today is between 1.3650$ support and 1.3770$ resistance.
Trend forecast: Bullish
Origin: Economies
