Technical analysis:
USD/CAD has been trading upside today and there is potential for bigger rally.
Trading recommendation:
Due to the downside exhaustion on the larger time-frames, I see potential for the rally in the next period.
Watch for buying opportunities on thee dips with due to breakout of the falling wedge.
Upside targets are set at the price of 1,2370 and 1,2405
Stochastic is showing bullish divergence and confirmation for further rally...