The USDCAD price finds difficulty to surpass 1.4178$ level, to show some slight bearish bias now, noticing that stochastic gathers the positive momentum clearly, waiting to motivate the price to breach the mentioned level to open the way to rally towards 1.4265$ as a next positive target.
Therefore, we will continue to suggest the bullish trend for the upcoming period, reminding you that breaking 1.4145$ will stop the expected rise and push the price to start bearish wave that its targets begin at 1.4070$ and might extend to 1.4000$.
The expected trading range for today is between 1.4110$ support and 1.4240$ resistance
Trend forecast: Bullish
Origin: Economies
