The USD/CAD pair is currently aligned with risk assets rather than safe havens as trade optimism rises. Momentum indicators show stability, and the pair is testing crucial resistance levels, suggesting that a potential breakout is on the horizon.

With optimism permeating the markets due to favorable trade negotiations, sentiment could shift price dynamics. If the USD gains further traction, the pair may move decisively above resistance.

Traders are advised to prepare for potential volatility as these developments unfold.