The USDCAD pair rallied upwards strongly to breach 1.2970 level and settles above 1.3000 barrier now, which turns the intraday track to rise, targeting testing 1.3128 level as a next station.
Therefore, we are waiting for more rise in the upcoming sessions unless breaking 1.2970 followed by 1.2923 levels and holding below them.
Expected trading range for today is between 1.2970 support and 1.3130 resistance.
Expected trend for today: Bullish