USD/CAD tests the immediate barrier at the rectangle’s upper boundary around 1.3910. The pair is consolidating within a rectangle pattern, with the 14-day RSI above 50 indicating bullish consolidation ...

USD/CAD may target the upper boundary of the rectangle around 1.4060. The 14-day Relative Strength Index remains above 50, signaling an active bullish bias. The pair may find its initial support at ...

Shabbir Kayyumi of Narnolia Financial Advisors said the rectangle is a classical technical analysis pattern described by horizontal lines showing significant support and resistance. The rectangle is a ...