USD-CAD Crosses above the channel boundary and risesTraders! USD/CAD is rising against the upper boundary of the large symmetrical triangle price pattern, there is a risk of a breakout to the upside as the NFP fundamentals are quite good so we believe the price will create a bullish wave .
But overall on the USDCAD chart, although the uptrend is still well supported, there are signs of a potential top at 1.3786. I expect a correction to accumulate before the upside. Chief returns. The 1.3650 zone is the final support the bulls need to hold the price in order to strengthen, a break below this level will result in a significant decline in price.