The USDCAD pair reached the thresholds of the waited negative target at 1.3500, noticing that the price provides bullish rebound signals and attempts to build bullish wave on the intraday basis, motivated by stochastic positivity, which makes us suggest resuming the bullish trend in the upcoming sessions and head to visit 1.3615 followed by 1.3680 levels as next main stations.
Breaching 1.3550 will ease the mission of achieving the suggested targets, noting that breaking 1.3500 will stop the expected rise and push the price to suffer additional losses on the intraday basis.
The expected trading range for today is between 1.3490 support and 1.3615 resistance.
The expected trend for today: Bullish
Origin: Economies
