USDCAD is one to watch next week, especially as it approaches 1.3300. It promises to be a significant level that will likely attract a lot of demand. But before we get to that, I want to mention two critical points for anyone trading USDCAD or any major currency pair. The first is the USDCAD sideways equidistant channel since 2015. Note that USDCAD has traded within this pattern for the last eight years. It also last touched support in 2021 and has trended higher since then. That’s an important distinction as it tells us the short-term and intermediate trends are bullish, while the long-term trend is bullish to ... (full story)