The USD CAD pair has pulled back from its recent highs, trading near 1.4390 during Monday’s European session. This marks the end of a four-day winning streak for the currency pair. From a technical perspective, the daily chart indicates that the pair is moving within an ascending channel, demonstrating a prevailing bullish bias. As traders analyze current levels, they will look for signs of support or resistance that may dictate future trends. Any shifts in market sentiment can lead to heightened activity in USD CAD, and staying informed will be key. Understanding market dynamics will empower investors to make informed decisions going forward.