The primary trend of USDCAD
on charts. In its hourly chart, the pair is not sustaining at lower levels and bouncing back to continue its up-trend. Prices are consolidating with strong positive bias and its 200 DMA is also supporting the further up-trend. If it breaks its resistance level of 1.3355 & sustains above it then it is expected to show further bullish
movement in next few days.
is sustaining in buying territory, supporting the upside movement in the market.
is looking bullish
on charts for next few trading session. One can go for buy on dips strategy for this pair for intra day to mid term positions.