{video}USDCAD was trading with soft positive momentum around 1.3547 during Friday’s early European trading hours as investors headed into the Easter holiday. Technically, the pair found support around its 20-day simple moving average (SMA) after a four-day decline. Notably, the SMA lines played a key role as pivot points during the month of March. Hence, the odds for an upside reversal are high as long as the price holds above those lines in the 1.3500 region. The trendline zone slightly lower at 1.3450-1.3470 could also prevent a crash out of the bullish channel and towards the 1.3345-1.3380 constraining area. ... (full story)