The USDCAD pair succeeded to touch our first waited target at 1.3500 and settles near it now, and the price is affected by stochastic current negativity, waiting to get enough positive momentum to push the price to continue rising in the upcoming sessions.
In general, we will continue to suggest the bullish trend on the intraday and short term basis as long as 1.3382 level remains intact, reminding you that our next main target extends to reach 1.3700.
The expected trading range for today is between 1.3400 support and 1.3570 resistance.
The expected trend for today: Bullish