FX.co ★ USD/CAD

On USD/CAD H1 timeframe. The pair is trading above the day's opening level of 1.3490 and above the daily Pivot level of 1.3516. Key indicators show a bullish trend, and the price is above the 72-period moving average trend line, where volume unloading usually occurs. Above the level of 1.3555, the price will move towards 1.3564 and potentially to 1.3600. Below the level of 1.3555, the pair will continue its descent towards 1.3516 and possibly to 1.3490. The pair is trading below the monthly Pivot level of 1.3791 (previous 1.4015), below the weekly Pivot level of 1.3771, and above the daily Pivot level, indicating a corrective sentiment for the pair. The fork on this session is at the level of 1.3555. The resistance level is at 1.3564, with the first support at 1.3516.