The USDCAD price opened today’s trading with clear positivity to breach 1.3765$ and attempt to hold above it, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, paving the way to head towards 1.3850$ that represents our next main target.
Therefore, the positive scenario will remain valid and active, noting that breaking 1.3765$ and holding below it will push the price to turn to decline to target 1.3653$ areas mainly.
The expected trading range for today is between 1.3720$ support and 1.3850$ resistance.
Trend forecast: Bullish
Origin: Economies
