The USDCAD pair provides positive attempts after leaning on the bullish channel’s support, and the price gets continuous positive support by the EMA50, waiting for more rise in the upcoming sessions, noting that breaching 1.3382 will reinforce the chances of extending the bullish wave towards 1.3500.
We should note that breaking 1.3330 and holding below it will stop the suggested bullish wave and leads the price to turn to decline.
Expected trading range for today is between 1.3300 support and 1.3450 resistance.
Expected trend for today: Bullish