The USDCAD price surpassed 1.3860$ level to stop the bearish correction and head towards resuming the main bullish trend, on its way to achieve positive targets that start by visiting 1.3977$ areas.
Therefore, the bullish bias will be suggested for today, it might be preceded by some sideways fluctuation affected by stochastic negativity, noting that breaking 1.3845$ will stop the bullish wave and push the price to achieve new bearish correction.
The expected trading range for today is between 1.3840$ support and 1.3970$ resistance
Trend forecast: Bullish
Origin: Economies