For the USD/CAD pair on the H1 timeframe. The pair is trading below the day's opening level of 1.3840 and near the daily Pivot level of 1.3825. 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 1.3825, the price will move towards the level of 1.3840 and potentially to 1.3854 and higher. Below the level of 1.3825, the pair's descent will continue towards the level of 1.3814 and potentially to 1.3811 and lower. The pair is trading above the monthly Pivot level of 1.3737 (previous 1.3717), above the weekly Pivot level of 1.3811, and above the daily Pivot level, indicating a bullish sentiment for the pair. The current pivot level for this session is 1.3825. The first resistance level is at 1.3840, with the first support at 1.3814.
