Technical analysis:
USD/CAD has been trading upside today and I see potential for further upside continuation.Next upside references can bei n the play.
Trading recommendation:
Due to breakout of supply trend-line and strong reversal yesterday, I expect further upside movement.
Watch for potential buying opportunities on the dips using the intraday time-frames.
Upside objectives are set at 1.2590 and 1.2640
I found big divergence on the MACD oscillator, which is sign that supply lost lots of power and that rally can happen.
Key support is set at 1.2400