The USDCAD pair provided new positive trades to approach our extended target at 1.3890, and we believe that the way is open to continue the rise and achieve additional gains that reach the psychological barrier 1.4000.
Therefore, the bullish trend scenario will remain valid and active, supported by the EMA50, noting that breaking 1.3785 will stop the suggested rise and push the price to decline towards 1.3680 areas before any new positive attempt.
The expected trading range for today is between 1.3800 support and 1.3930 resistance.
The expected trend for today: Bullish
Origin: Economies
