The USDCAD pair returned to rise clearly yesterday, starting today with additional positivity to attack 1.3350 level and moves above it, which hints heading to turn to rise and stop the bearish correction that dominated the recent trades, paving the way to start bullish wave that its targets begin by testing 1.3500 areas.
Therefore, we expect to witness more bullish bias in the upcoming sessions, taking into consideration that failing to confirm breaching 1.3350 will stop the expected rise and press on the price to decline again.
The expected trading range for today is between 1.3290 support and 1.3450 resistance.
The expected trend for today: Bullish