Our best spreads and conditions

USD/CAD is on the verge of an upside continuation and the following illustrates the confluence between the daily and hourly charts.
The price is meeting a demand area near 1.2440.
At this juncture, an upside correction could be on the cards to test the prior lows and what would be expected to now turn to resistance near 1.2530.
The 61.8% Fibonacci is also located near there to offer confluence to target.
The bulls will be looking for a discount before engaging to take on the hourly resistance and higher highs.