Canada has released BoC Gov Poloz Speech and the US will publish Durable Goods Orders MoM and Wholesale Inventories MoM Adv.
The pair is finding support at 1.28190 with resistance at 1.28890 which both lines are above the weekly pivot point at 1.26840. 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 below the signal line in the negative territory and the Stochastic is moving in low ranges. The ADX is showing weak buy signal. The price is above the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
USDCAD will continue its bullish trend towards 1.29.

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