The USDCAD price shows sideways trades in the previous sessions, settling above 1.3562$ level, while the positive effect of the double bottom pattern still active, waiting to rise again to achieve our next positive target at 1.3653$, noting that breaching this level will extend the bullish wave to reach 1.3700$ followed by 1.3765$ areas as next main stations.
Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 1.3562$ and holding below it.
The expected trading range for today is between 1.3530$ support and 1.3665$ resistance.
Trend forecast: Bullish
Origin: Economies
