• USD/CAD climbing away from Wed's false break below the 100DMA

• Second day of gains taking price above the 10DMA

• Main big dollar hurdle the daily Ichimoku cloud, 1.4360-1.4462

• Weekly action has bullish potential, back to back hammer candles

• Momentum readings, daily and weekly, are mixed

• Monthly chart still very much in flavour of the loonie

• We stand aside for now

• USD/CAD Trading Page
USD/CAD daily candle chart:

(Peter Stoneham is a Reuters market analyst. The views expressed are his own.)