The (USDCAD) price extended its gains in its last intraday trading, attacking the critical resistance level at 1.4030, which represents our expected target in our previous analysis, amid the continuation of the positive pressure that comes from its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside trendline, on the other hand, we notice the emergence of the negative crossover on the relative strength indicators, after reaching overbought levels, which might reduce the upcoming gains.

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