The USDCAD price shows more bullish bias to approach our waited positive target at 1.4467$, getting positive support by the technical indicators to suggest breaching this level and open the way to continue the rise within the bullish channel that appears on the chart, to target 1.4550$ areas as a next main station.
Therefore, the bullish trend will remain valid for the upcoming period, noting that breaking 1.4380$ will push the price to test 1.4295$ areas initially before ant new attempt to rise.
The expected trading range for today is between 1.4360$ support and 1.4500$ resistance
Trend forecast: Bullish
Origin: Economies
