The USDCAD pair shows more fluctuation around the bullish channel’s support line and the EMA50, and it needs to get new positive momentum to push the price to continue the main bullish trend.
In general, the bullish trend will remain valid in the upcoming sessions conditioned by the price stability above 1.3128, reminding you that our next main target is located at 1.3382.
Expected trading range for today is between 1.3140 support and 1.3300 resistance.
Expected trend for today: Bullish