USDCAD remains in the uptrend from 1.2728.
No change in our view, USDCAD remains in the uptrend from 1.2728. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and further rise to 1.3100 area is possible.
Key support is at 1.2856, only a breakdown below this level could signal completion of the uptrend.
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