The USDCAD pair shows some bearish bias after approaching 1.3600 level, noticing that stochastic gets rid of its negative momentum to approach the oversold areas, waiting to motivate the price to resume the expected bullish wave on the intraday basis, which its next target reaches 1.3680.
The bullish channel continues to organize the expected bullish wave, reminding you that it is important to hold above 1.3500 to achieve the waited targets.
The expected trading range for today is between 1.3480 support and 1.3620 resistance.
The expected trend for today: Bullish
Origin: Economies
