USDCAD is currently in a bullish trend, with the overall momentum favoring buyers. The pair has broken and successfully retested the weekly high, indicating strong bullish continuation. A clear break and close above the key level at 1.39753 would serve as a solid confirmation to enter long positions, targeting further upside potential.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.