The USDCAD pair shows some slight bearish bias to test the EMA50 that forms intraday support at 1.2810, noticing that stochastic approaches the oversold areas, forming positive motive that we are waiting to assist to push the price to rise.
In general, we will keep our bullish overview in the upcoming period unless breaking 1.2723 level and holding below it, reminding you that our next main waited target is located at 1.2927.
Expected trading range for today is between 1.2730 support and 1.2925 resistance.
Expected trend for today: Bullish