The USDCAD price succeeded to achieve our waited target at 1.3765$ and settles there, and we suggest surpassing this level to achieve additional gains that extend to 1.3850$ as a next main station, supported by the EMA50 that carries the price from below.
Stochastic begins to get rid of its negative momentum to reinforce the positive overview, taking into consideration that failing to breach 1.3765$ might force the price to decline and head to test 1.3653$ areas before any new attempt to rise.
The expected trading range for today is between 1.3700$ support and 1.3830$ resistance.
Trend forecast: Bullish
Origin: Economies
