The USDCAD pair rallied upwards strongly to recover the losses that it suffered yesterday and settles above 1.2923 level again, to reactivate the bullish trend scenario that targets testing 1.3128 level as a next main station.
Therefore, we expect witnessing positive trading for today unless breaking 1.2923 level and holding below it.
Expected trading range for today is between 1.2880 support and 1.3030 resistance.
Expected trend for today: Bullish