The USDCAD price managed to achieve our waited target at 1.4178$, starting today with additional rise to attempt to breach this level, paving the way to achieve more rise in the upcoming sessions, reminding you that the next station reaches 1.4265$.
The EMA50 continues to support the suggested bullish wave, noting that breaking 1.4145$ will put the price under negative pressure that targets testing 1.4070$ and might extend to 1.4000$ before any new attempt to rise.
The expected trading range for today is between 1.4120$ support and 1.4260$ resistance
Trend forecast: Bullish
Origin: Economies
