The USDCAD price settles around 1.3800$ barrier, waiting for more rise to test 1.3838$ that represents our first target, reminding you that surpassing this level will extend the bullish wave to reach 1.3900$.
Therefore, we will continue to suggest the bullish trend for the upcoming period, reminding you that breaking 1.3739$ will stop the positive scenario and force the price to achieve more bearish correction.
The expected trading range for today is between 1.3750$ support and 1.3880$ resistance
Trend forecast: Bearish
Origin: Economies