The USDCAD pair rallied upwards strongly to breach 1.2923 level and settles above it, which turns the intraday track to the upside, to head towards targeting 61.8% Fibonacci correction level at 1.3128.
Therefore, the bullish trend will remain suggested in the upcoming period unless breaking 1.2923 level and holding below it again.
Expected trading range for today is between 1.2870 support and 1.3050 resistance.
Expected trend for today: Bullish