The USD/CAD pair might continue to rise in the medium term, according to the daily and weekly charts. The RSI oscillator is above 50, and the MACD remains in positive territory on the daily chart. The RSI oscillator on the weekly chart stays above 50. The pair might rise around 1.3620 in the medium term.
Canada CPI MoM (-0.4% expectation); ( +0.3% previous)
YoY (+1.8% expectation); ( +2.4% previous)
FOMC rate decision (+2.5% expectation); ( +2.25% previous)
Canada GDP MoM (+0.2% expectation); ( -0.1% previous)
YoY (+2.2% expectation); ( +2.1% previous)