The USDCAD price resumes its positive trading after testing the support base formed above 1.4370$, to head towards achieving new positive targets that reach 1.4500$ followed by 1.4530$.
Therefore, we will continue to suggest the bullish trend for the upcoming period, motivated by stochastic current positivity, noting that breaking 1.4370$ will stop the bullish wave and put the price under correctional bearish pressure on the intraday basis.
The expected trading range for today is between 1.4380$ support and 1.4510$ resistance
Trend forecast: Bullish
Origin: Economies
