For the currency pair USDCAD, it is possible to consider buying from the support levels located at: 1.4000 and 1.3970, as the moving average on the H1 is below the price. The target could be set at the resistance of 1.4030, with a stop loss at 1.3950. The Parabolic indicator also shows buying opportunities. Now it is necessary to look at the lower timeframe for confirmation. The M15 period also confirms a buy, which can be considered from the level of 1.3990 with a stop loss set at 1.3980, the target could be considered at 1.4030. Both time periods confirm buying the instrument.
