Technical analysis:
USD/CAD has been trading strongly upside with good momentum. I see potential for even bigger rally.
Trading recommendation:
Due to strong upside momentum today on USD./CAD and strong reversal yesterday, I see potential for thhe further upside continuation.
Watch for buying opportunities on the pullbacks with the upside targets at 1,2600, 1,2650 and 1,2760.
Stochastic is showing fresh bull cross, which is another sign and confirmation for the bullish continuation.
Support level is set at the price of 1,2475
