The USDCAD pair settles above 1.2923 level, and the EMA50 provides continuous positive support to the price, which makes us keep our positive overview for the upcoming period, which targets heading towards 1.3128 on the near term basis, while breaking 1.2923 will push the price to turn to decline on the intraday and short term basis.
Expected trading range for today is between 1.2900 support and 1.3050 resistance.
Expected trend for today: Bullish