USDCAD remains in short term uptrend. Further rise to 1.2800 is still possible in a couple of days. Key support is now at 1.2501, as long as this level holds, we’d expect uptrend to continue. However, below this level will indicate that the rise from 1.2191 has completed, and the following pullback could take price back to retest 1.2191 previous low support.
