The USDCAD pair continues to fluctuate inside the bullish channel that appears on the chart, noticing that the EMA50 continues to provide the positive support to the price, while stochastic begins to provide positive overlapping signal now.
Therefore, these factors encourage us to continue suggesting the bullish trend in the upcoming period, and the next target is located at 1.3382, while achieving it conditions holding above 1.3240.
Expected trading range for today is between 1.3200 support and 1.3360 resistance.
Expected trend for today: Bullish