For the USD/CAD pair on the H1 timeframe. The pair is trading above the day's opening level of 1.4100 and above the daily Pivot level of 1.4070. Key indicators show a bullish trend and the price is above the MA72 trend line, where volume unloading usually occurs. Above the level of 1.4118, the price will move towards the level of 1.4133 and potentially to 1.4140 and higher. Below the level of 1.4118, the pair will continue its descent towards the level of 1.4100 and potentially to 1.4070 and lower. The pair is trading above the monthly Pivot level of 1.3737 (previous 1.3717), above the weekly Pivot level of 1.3970, and above the daily Pivot level, indicating a bullish sentiment for the pair. The current fork at this session is at the level of 1.4118. The first resistance level is at 1.4133, the first support is at 1.4100. The Canadian dollar has approached its previous reversal zones.
