FX.co ★ crystal66 | USD/CAD

The federal elections in Canada have concluded. The victory was claimed by the ruling Liberal Party. The impact on the markets is currently minimal as the more crucial factor will be the distribution of seats in the government. From a technical perspective, I see it as a consolidation within the triangle pattern with the upper boundary at 1.3880, which also coincides with a horizontal level. For now, I am anticipating a test of this level, and then we will reassess.