FX.co ★ USD/CAD

On USD/CAD H1 timeframe. The pair is trading near the day's opening level at 1.3710 and above the daily Pivot level at 1.3617. Key indicators show a bullish trend, and the price is above the 72-period moving average trend line, where volume relief usually occurs. Above the 1.3710 level, the price will move towards 1.3725 and potentially to 1.3770 and higher. Below the 1.3710 level, the pair will continue its descent towards 1.3680 and possibly to 1.3660 and below. The pair is trading above the monthly Pivot level at 1.3625 (previous 1.3676), above the weekly Pivot level at 1.3660, and above the daily Pivot level, indicating a bullish sentiment for the pair. The current session's fork level is at 1.3710. The first resistance level is at 1.3725, with the first support at 1.3703.