Market Analysis for USDCAD Price The USDCAD price bounced upwards after approaching the 1.3505$ level, entering a sideways track represented by the support and 1.3606$ resistance. The sideways movement is suggested on the intraday basis until the price manages to surpass one of these levels. Breaking the support will lead to a new bearish correction, targeting 1.3440$, while breaching the resistance is crucial to resume the main bullish trend and achieve gains starting at 1.3700$. The expected trading range for today is between 1.3500$ support and 1.3640$ resistance.

Trend forecast: Sideways