The USDCAD pair traded with strong positivity yesterday to confirm breaching 1.3128 level, which activates the bullish trend scenario on the intraday and short term basis, targeting heading towards 1.3382 areas again.
Therefore, the bullish bias will be suggested for today, supported by the EMA50, noting that breaking 1.3128 will stop the suggested rise and push the price to turn to decline.
Expected trading range for today is between 1.3128 support and 1.3300 resistance.
Expected trend for today: Bullish