The USDCAD price confirmed breaching 1.3765$ after ending yesterday above it, to support the continuation of the expected bullish trend on the intraday and short-term basis, testing 1.3800$ barrier now, waiting to surpass this level to confirm extending the bullish wave towards 1.3850$ followed by 1.3946$ levels as next main targets.
Stochastic current negativity might hinder the mission to rise and cause some temporary sideways fluctuation, reminding you that the continuation of the bullish wave requires holding above 1.3765$.
The expected trading range for today is between 1.3740$ support and 1.3870$ resistance.
Trend forecast: Bullish
Origin: Economies
