The USDCAD pair provided additional positive trades to achieve our extended target at 1.2765 and breach it to settle above it, starting today with more rise to head towards achieving more gains in the upcoming sessions, and the way is open to test 1.2840, noting that breaching this level will extend the bullish wave to reach 1.2930.
Therefore, we will continue to suggest the bullish trend on the intraday and short term basis conditioned by the price stability above 1.2765.
The expected trading range for today is between 1.2750 support and 1.2880 resistance.
The expected trend for today: Bullish