USDCAD is rather exhausted by the looks of things on this little Forex Chart. With a fairly beautiful move to 1.0445 with solid momentum as we can see via the DCD it's easy to imagine that it would go on forever! I would however caution, with the USDCAD Dollar reaching extreme bottom points on it's regression channel on both 250 bar and 100 bars it seems to be oversold.
I would be looking for a healthy retracement to above 1.0475 on this FX pair in the near term but when hit it will turn around and start marching back on it's downward short trend. Chart attached (Click read more)

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