During the Asian session on Tuesday, the USD/CAD pair edged higher, putting an end to a two-day losing streak. Spot prices now appear driven to build momentum beyond the 1.4300 mark. However, traders should approach with caution as several fundamental factors could limit upside potential.

The backdrop includes the upcoming Canadian CPI data, which could significantly influence market sentiment. Traders are advised to monitor economic indicators closely as they navigate the complexities of trading USD/CAD in a looming economic environment.