The USDCAD price traded negatively yesterday to approach the key support 1.4000$, and as long as the price is above this level, our bullish overview will remain valid for the upcoming period, as breaking it will push the price to achieve new bearish correction in the upcoming sessions, while the price needs to breach 1.4065$ to reinforce the chances of rallying towards our main expected positive targets at 1.4178$.
The expected trading range for today is between 1.3980$ support and 1.4100$ resistance
Trend forecast: Bullish
Origin: Economies
