Canada is publishing Inflation Rate YoY and Budget Balance and the US will publish US Monetary Policy Forum and Fed Mester Speech.
The pair is finding support at 1.26860 with resistance at 1.27460 which both lines are above the weekly pivot point at 1.25510. The EMA of 10 is moving with bullish bias in the ascendant channel and it is located above the EMA of 200 and the EMA of 100. The RSI is moving in overbought area, the MACD line is above the signal line in the positive territory and the Stochastic is moving in middle ranges. The ADX is showing buy signal. The price is above the Ichimoku Cloud and below the Chinkou Span. The Tenkan-sen is showing an upward trend while the Kijun-sen is showing a horizontal trend.
Long positions are recommended towards 1.28.

usdcad

usdcad