Technical Analysis:
USDCAD is showing potential on the 1-hour chart as it has broken its falling trendline resistance. However, buyers appear to be weak at the moment, suggesting that a dip towards 1.37100 is likely. This level could present a good buying opportunity for a further upside move. The bias for today and the upcoming week remains bullish for the dollar, but it's crucial to wait for clear price action signals before entering any trades.
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