USD/CAD has shown resilience, moving higher after failing to break below the 1.3800 mark. Ongoing uncertainties relating to trade are affecting the Canadian Dollar. BBH analysts note that the pair demonstrates potential for further upward movement. Market expectations are that as trade discussions evolve, USD/CAD could encounter varying levels of resistance. Keeping a close watch on economic indicators surrounding trade will provide clearer insights into future price fluctuations. This is an essential time for traders to assess possible market behaviors.