The USDCAD price fluctuated within tight range yesterday, waiting to gather positive momentum that assist to push the price to resume the bullish wave that its targets begin by turning back to the bullish channel that appears on the chart through breaching 1.4120$ to ease the mission of heading towards the recently recorded high at 1.4178$.
Therefore, the bullish trend will remain valid for the upcoming period unless breaking 1.4000$ and holding below it.
The expected trading range for today is between 1.4020$ support and 1.4150$ resistance
Trend forecast: Bullish
Origin: Economies
