The USD/CAD is on a bullish trend, driven by its price being above an ascending trend line and a bullish Ichimoku cloud, indicating potential future bullish momentum. The price is expected to continue rising towards the first resistance at 1.3637, which might hinder further growth. A second resistance at 1.3662, aligned with the 161.80% Fibonacci Extension, could also act as a significant obstacle. On the other hand, should the price drop, the first support at 1.3568 and the second at 1.3528, both acting as pullback supports, could provide stability against a downward trend.
