The USDCAD pair declined clearly on last Friday to approach the key support 1.3382, noticing that the price bounced bullishly to resume its main bullish track again, supported by the EMA50 that carries the price from below, which keeps the overall bullish trend scenario active for the upcoming period, waiting to visit 1.3525 level that represents our next main target.
We should note that breaking 1.3382 will stop the expected rise and turn the intraday track to decline.
The expected trading range for today is between 1.3380 support and 1.3525 resistance.
The expected trend for today: Bullish