The USDCAD pair shows sideways and tight trading since yesterday, settling around 1.3400 level, and the price moves above the bullish trend line that appears on the chart, to keep the bullish trend active on the intraday and short term basis, waiting to get positive motive that supports the chances of heading towards 1.3560 level that represents our next main station.
In general, we will continue to suggest the bullish bias conditioned by the price stability above 1.3286.
The expected trading range for today is between 1.3350 support and 1.3500 resistance.
The expected trend for today: Bullish