Technical analysis:
USD/CAD has been trading upside in the background. There is potential for the upside continuation towards next upside reference point at 1,2790.
Trading recommendation:
Due to impulsive upside movement last week and the breakout of the falling trend-line, I see potential for the further rally.
Watch for buying opportunities on the intraday pullbacks with the upside objectives at 1,2790 and 1,2845.
Key support is set at the price of 1,2635