The USDCAD price traded positively yesterday to touch 1.4080$ level, and finds solid support at the broken support of the bullish channel, which rises now to 1.4095$, and the price needs to surpass this level to confirm the return to the main bullish track and achieve additional gains that reach 1.4178$.
Therefore, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 1.4000$.
The expected trading range for today is between 1.4000$ support and 1.4130$ resistance
Trend forecast: Bullish
Origin: Economies
