The USDCAD pair has maintained its gains in recent intraday trading, reaching the resistance level at 1.3850, which had been a target in our previous analysis. The pair is now attempting to build positive momentum to sustain the main short-term bullish trend.

At the same time, it is trying to ease overbought conditions on the relative strength indicators, with some negative signals appearing. However, these signals have not yet impacted price action, indicating that bullish pressure remains dominant and increasing the likelihoods of extending gains in the near term.