The USDCAD pair provided clear positive trades on last Friday to move away from the previously breached resistance that turns into key support now at 1.3475, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, reminding you that our next main target is located at 1.3700.
The EMA50 supports the suggested bullish wave, which its continuation conditions holding above 1.3475.
The expected trading range for today is between 1.3475 support and 1.3600 resistance.
The expected trend for today: Bullish