The USDCAD pair succeeded to achieve our first waited target at 1.3295 and surpassed it to settle above it, which supports our expectations of achieving more gains on the intraday and short term basis, paving the way to head towards 1.3380 that represents our next target.
Therefore, the bullish bias will remain suggested for the upcoming period, noting that holding above 1.3295 represents initial condition to continue the suggested rise.
The expected trading range for today is between 1.3250 support and 1.3380 resistance.
The expected trend for today: Bullish