USD/CAD maintains an uptrend

The pair USD/CAD is traded for the second consecutive week in an uptrend, but the last three days slowed growth due to correction. The formation of the flat significantly offloaded the overbought of the pair, but the uptrend persists.

This indicates the possibility of growth with the breakthrough of resistance level 1.2880-90, which, in turn, will open the way to resistance levels: 1.2930 and 1.2950. Fixing the pair below support level 1.2820-00 will cancel expectations for growth and call into question the safety of the uptrend.

Fig. USD/CAD. The current price is 1.2860.

Hanzenko Anton