The USDCAD price tested the support line formed by the EMA50 and bounced bullishly from there, to keep the bullish trend scenario valid for the upcoming period, supported by stochastic positivity, waiting to breach 1.3606$ to confirm opening the way to visit 1.3700$ as a next target.
The expected trading range for today is between 1.3540$ support and 1.3660$ resistance.
Trend forecast: Bullish