We also note USD/CAD is struggling to continue above the recent highs formed towards the end of last week at 1.41500, therefore a pattern of lower highs may present itself on the chart which will be for USD/CAD .
On the support side, USDCAD , may likely head towards the major at 1.3850. which is where sellers may be considering taking profit.
From a big picture point of view, USD/CAD continues to trade in a wide range between 1.3850 and 1.4250, and the pair will need substantial catalysts to get out of this range.
Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial.
You should therefore carefully consider whether trading is suitable for you in the light of your financial condition.