The USDCAD pair continues to rise to approach our waited target at 1.2650, and the EMA50 continues to provide the positive support to the price, to reinforce the chances of continuing the rise and achieve more gains on the short term basis, noting that surpassing the mentioned level will push the price to 1.2760 as a next main target.
On the other hand, we should note that holding above 1.2500 is important to achieve the suggested targets.
The expected trading range for today is between 1.2570 support and 1.2700 resistance.
The expected trend for today: Bullish
Origin: Economies
