The USDCAD pair provided negative trades yesterday to test 1.2800 level, noticing that stochastic provides positive signals now, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which its next target located at 1.2950.
Therefore, our bullish overview will remain valid and active, noting that breaking 1.2800 will press on the price to achieve additional decline and test 1.2725 areas before resuming the suggested rise.
The expected trading range for today is between 1.2760 support and 1.2900 resistance.
The expected trend for today: Bullish
Origin: Economies
