FX.co ★ USD/CAD

It is worth noting that nothing has really changed for the USDCAD pair, as we continue to trade within the same range. Today, there were attempts to grow or pull back, but so far it doesn't mean much because we can't even consolidate above 1.37. Essentially, we still have a downward movement. However, we should also remember that there is a Friday pin left on the daily charts, so we might climb even higher. Personally, I would like to see a more significant pullback. Of course, a lot depends on the demand for the dollar, which has been trying to grow. In general, I am still on the sidelines, but I will focus on the overall short initiative. If we manage to pull back and climb above 1.3830, then I only consider selling there.