The USDCAD pair fluctuates within sideways track in the previous sessions, noticing that stochastic got rid of its negative momentum to start providing positive signals that motivate the price to rise now, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, waiting to achieve our targets that start at 1.3590 and extend to 1.3680 after surpassing the previous level.
Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that the continuation of the bullish wave depends on the price stability above 1.3500.
The expected trading range for today is between 1.3480 support and 1.3630 resistance.
The expected trend for today: Bullish
Origin: Economies
