The USDCAD pair shows some bearish bias to move below the EMA50, while we notice that stochastic gains the positive momentum clearly, waiting to motivate the price to resume the positive trades that target 1.3680 mainly.
Therefore, we expect to witness bullish bias in the upcoming sessions, noting that failing to step above 1.3590 will push the price to turn to decline and visit 1.3500 as a first station.
The expected trading range for today is between 1.3500 support and 1.3670 resistance.
The expected trend for today: Bullish
Origin: Economies
