The USDCAD has a well-defined ceiling between 1.3526 and 1.3543 (in between is the 50% midpoint of the transfer down from the final 2023 excessive at 1.35378).
On the draw back, the 200-day transferring common is available in at 1.3479. The 200 bar transferring out on the 4- hour chart is available in at 1.3471. Transferring beneath these transferring averages would tilt the bias from a technical perspective extra to the draw back.
For now, the value stays between these technical ranges as consumers and sellers battle it out for supremacy and management.