Technical analysis:
USD/CAD has been trading upside today and I see potential upside continuation towards upper references. There is the rejection of key support at 1,2660 in the background, which is good sign for further upside movement.
Trading recommendation:
Due to rejection of key support at $1,2660 in the background, I see further upside movement.
Watch for buying opportunities on the intraday pullbacks with the upside objective at 1,2785.
Key support is set at 1,2650
