The USDCAD pair bounced bullishly after leaning on the EMA50, to start attempts to surpass 1.3295 level, which supports the expectations of continuing the bullish trend on the intraday and short term basis, waiting to confirm the breach to rally towards our next main target that reaches 1.3380.
Therefore, the bullish trend scenario will remain valid and active in the upcoming sessions unless breaking 1.3240 level.
The expected trading range for today is between 1.3240 support and 1.3380 resistance.
The expected trend for today: Bullish