USD/CAD Intraday Signal: Bullish Momentum Toward 1.3985
The USD/CAD pair continues to display a bullish bias as long as price holds above the 1.3935 pivot. Market momentum favors buyers, with the pair eyeing targets at 1.3970 and 1.3985. The RSI supports the upward view, confirming sustained positive sentiment.
While a period of consolidation cannot be ruled out, it’s likely to remain limited in scope before the pair resumes its upward trajectory. A break below 1.3935 would invalidate the bullish setup and expose downside levels toward 1.3920 and 1.3905.
Enter: Long above 1.3935
SL: 1.3920
Target A: 1.3970
Target B: 1.3985