The USDCAD pair resumed its positive trading strongly yesterday to confirm breaching 1.3218 level, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, supported by the EMA50, and the way is open to achieve our waited target at 1.3382.
Therefore, we will continue to suggest the bullish trend unless breaking 1.3128 level and holding below it.
Expected trading range for today is between 1.3200 support and 1.3350 resistance.
Expected trend for today: Bullish