The USDCAD pair returns to rise after the decline that it witnessed in the previous sessions, motivated by stochastic current positivity, which supports the continuation of the expected bullish trend on the intraday and short term basis, which its next target located at 1.3382.
Holding above 1.3205 is important to continue the expected rise, as breaking it will put the price under additional negative pressure that targets visiting 1.3128 level before any new positive attempt.
The expected trading range for today is between 1.3200 support and 1.3350 resistance.
The expected trend for today: Bullish