The USDCAD pair continued to rise to approach our first waited target at 1.3595, and continues to move inside the bullish channel that supports the chances of continuing the rise to achieve additional positive targets that reach 1.3680.
Stochastic gains the positive momentum clearly, while the EMA50 keeps supporting the suggested bullish wave, to continue suggesting the bullish trend for the upcoming period conditioned by the price stability above 1.3500.
The expected trading range for today is between 1.3485 support and 1.3620 resistance.
The expected trend for today: Bullish
Origin: Economies
