For the pair USD/CAD on the H1 timeframe. The pair is trading above the day's opening level of 1.3680 and above the daily Pivot level of 1.3662. The main indicators show a bullish trend and the price is above the MA72 trend line, where volume unloading usually occurs. Above the level of 1.3700, the price will move towards the level of 1.3710 and potentially towards 1.3735 and higher. Below the level of 1.3700, the pair will continue its descent towards the level of 1.3688 and potentially towards 1.3670 and lower. The pair is trading below the monthly Pivot level of 1.3801 (previous 1.3625), above the weekly Pivot level of 1.3669, and above the daily Pivot level, indicating a strong correctional sentiment for the pair. The current fork at this session is at the level of 1.3700. The first resistance level is at 1.3710, the first support is at 1.3688.
