美元 / 加元

USDCAD: Waiting For Confirmation

USDCAD is currently in an upward trend.
After reaching a new high and closing higher on a 4-hour chart, the pair began to trade within a horizontal range.

I am anticipating a bullish breakout above the range's resistance.
A close above 1.3957 on a 4-hour candle will show the buyers' strength.

If this happens, it will confirm a continuation of the bullish trend.
The next resistance level to watch for is at 1.4008.

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