The USDCAD pair traded positively yesterday to return to the minor bullish channel, and begins to test key resistance that appears on the chart, located now at 1.3315, breaching it will push the price to visit 1.3382 level direct.
Therefore, we expect witnessing more bullish bias in the upcoming sessions unless breaking 1.3290 level and holding below it again.
Expected trading range for today is between 1.3260 support and 1.3400 resistance.
Expected trend for today: Bullish