The USDCAD price managed to touch 1.3838$ level and attempts to breach it, to support the chances of continuing the domination of the bullish trend and head towards achieving additional gains that reach 1.3900$.
Stochastic current negativity might hinder the mission to rise, waiting to gather positive momentum that assist to achieve the new targets, noting that breaking 1.3800$ will stop the bullish wave and push the price to retrace again.
The expected trading range for today is between 1.3780$ support and 1.3900$ resistance
Trend forecast: Bullish
Origin: Economies
