The USDCAD pair begins today with clear positivity to move away from 1.2500 level, after the negative pressure that it faced yesterday, which keeps the bullish trend scenario valid and active for the upcoming period, waiting to visit 1.2650 as a next main target.
The EMA50 continues to support the suggested bullish wave, which will remain valid conditioned by the price stability above 1.2500 and the most important above 1.2410.
The expected trading range for today is between 1.2450 support and 1.2610 resistance.
The expected trend for today: Bullish