The USDCAD pair’s recent trade are confined within bullish pennant pattern, thus, breaching 1.3730 will provide good positive motive that supports the expectations of continuing the main bullish trend, which targets 1.3795 followed by 1.3900 levels as next main stations.
Therefore, the bullish trend scenario will remain valid and active unless breaking 1.3650 and holding below it.
The expected trading range for today is between 1.3660 support and 1.3800 resistance.
The expected trend for today: Bullish