Currency pair Canadian Dollar to US Dollar USD / CAD

Currency pair Canadian Dollar to US Dollar USD / CAD ends the trading week near the level of 1.3434. The pair continues to move within the correction and the upward channel. Moving averages indicate a bullish trend . Prices broke the area between the signal lines downward, which indicates pressure from the sellers of the currency pair and a potential continuation of the fall. At the moment, we should expect an attempt to develop a correction and a test of the support level near the 1.3405 area. Then, the continued growth of quotations with a target above the level of 1.4135.