FX.co ★ crystal66 | USD/CAD

USD/CAD H4 The pair is currently trading above the level of 1.4095, and this level essentially acts as support, just like the moving average which is slightly below the quotes. This indicates the possibility of continuing the northern direction and testing the target at the level of 1.4230. From there, it is quite possible to move in a pullback direction. Or overcome resistance and continue north. However, if at this stage both the support and the moving average fail to provide support and allow the quotes to drop below, then in that case, it seems to me that the southern direction will be a priority. Good luck to everyone.