AUG & SEPT 2022 OUTLOOK, Possible upward bias towards 1.337

"USDCAD has been slightly upward biased since Jul 2021. There are several reasons including major bullish patterns and price actions that support more upside expectation throughout Aug and Sep 2022. Price targets sit around 1.337 and 1.36 levels by the end of third quarter. If price holds above 1.277/1.282 zone, it suggests a possible upside trajectory toward 1.32 and 1.337. Key levels that support upward swings are 1.2675, 1.2775 and 1.282. USDCAD is not facing major resistance until it gets to 1.317 area.
If price trades between 1.28 and 1.29 by the end of this month (Jul 2022), it may set the stage for potential upward move."