Analyzing from a technical perspective:
An image depicting analytics can be seen here
Analytical data is represented in the picture.
The USD/CAD currency pair has recently been locked in a sideways range with a price of 1.3437, however I believe that there is potential for the price to move down in the future.
It is suggested that trading should be done and a recommendation is given.
I am expecting a further decline in prices due to the examination of the lower line of the larger channel seen in the background.
for chances to sell
with the target price at 1.3354 for the downside.
The Stochastic oscillator is indicating an overbought state and the possibility of a downward price movement in the future.
The rate of opposition is indicated at 1.3450/70.