The USDCAD price traded with clear positivity yesterday, starting today with additional rise to approach our new waited target at 1.4350$, and the way seems open to surpass this level to achieve additional gains that extend to 1.4460$.
Holding above 1.4250$ represents initial condition to the continuation of the suggested bullish wave, as breaking it will put the price under negative pressure and might head to visit 1.4115$ before any new positive attempt.
The expected trading range for today is between 1.4260$ support and 1.4400$ resistance
Trend forecast: Bullish
Origin: Economies