The USDCAD pair faced solid resistance at 1.2600, to show some slight bearish bias and settles at the EMA50, noticing that stochastic provides positive signals now, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which its next target located at 1.2745.
We remind you that the continuation of the bullish trend requires holding above 1.2525.
The expected trading range for today is between 1.2525 support and 1.2650 resistance.
The expected trend for today: Bullish