The USDCAD pair shows sideways trading since yesterday, settling around 1.3300 level, attempting to get rid of the negative momentum and gather enough positive momentum to push the price to continue the main bullish trend.
In general, we will continue to suggest the bullish trend in the upcoming period conditioned by the price stability above 1.3260, reminding you that breaching 1.3382 is required to confirm rallying towards 1.3500 as a next main station.
Expected trading range for today is between 1.3230 support and 1.3400 resistance.
Expected trend for today: Bullish