All last week USDCAD was in a tight range of consolidation between 1.365-1.375 accumulating orders with stops below those 1.365 lows. Price swiped just below those lows and caught a bid off the 1.36 figure which signals buyers are still present. Further upside is expected on this pair with both technicals and fundamentals in alignment.
Imminent upside target is 1.3838
Imminent upside target is 1.3838