The USDCAD pair opened today negatively to test the key support 1.3724, noticing that the price bounced bullishly from there to settle above 1.3800 barrier now, which supports the continuation of the expected bullish trend scenario on the short term and medium term basis, which its next main target located at 1.4130.
Therefore, the bullish bias will remain suggested in the upcoming sessions unless breaking 1.3724 level and holding below it.
The expected trading range for today is between 1.3780 support and 1.3960 resistance.
The expected trend for today: Bullish