The USDCAD price fluctuates at 1.4345$ level and keeps its consolidation above it until now, to keep the positive scenario active for the upcoming period, depending on trading inside the bullish channel that appears on the chart, waiting to rebound bullishly to visit 1.4467$ initially.
Stochastic shows positive signals that support the expected rise, noting that breaking 1.4315$ will push the price out of the bullish channel and start bearish correction on the intraday and short-term basis.
The expected trading range for today is between 1.4300$ support and 1.4430$ resistance
Trend forecast: Overall bullish
Origin: Economies
