The USDCAD pair tested 1.2500 level but it faces solid resistance there, to show some bearish bias now, noticing that the EMA50 continues to support the price from below, to keep the chances valid to continue the expected bullish trend for the upcoming period, which its next main target located at 1.2650.
On the other hand, we should note that breaking 1.2410 will stop the suggested rise and press on the price to turn to decline.
The expected trading range for today is between 1.2400 support and 1.2540 resistance.
The expected trend for today: Bullish