USDCAD, H4: USDCAD remains traded within a sideways channel in between the range of 1.2830 and 1.2895. Due to the lack of clear signal from price action and MACD histogram, it is recommended to wait for a breakout from either side of the channel before entering the market.
Resistance level: 1.2895, 1.2930
Support level: 1.2830, 1.2760