The USDCAD pair succeeded to achieve our waited target at 1.2930 and breached it to settle above it, confirming the continuation of the bullish trend on the intraday and short term basis, noting that the next target is located at 1.3000.
The EMA50 continues to support the bullish wave, noting that holding above 1.2930 represents initial condition to achieve the waited targets.
The expected trading range for today is between 1.2890 support and 1.3030 resistance.
The expected trend for today: Bullish