USDCAD currency pair under the bullish pressure today after the pair reversed up from the key support level 1.26300 (which has been steadily reversing this currency pair from the start of January as can be seen from the daily USDCAD chart below) – strengthened by the lower daily Bollinger Band. The upward reversal from the support level 1.26300 stopped the previous correction (ii). Given the strength of the key support level 1.26300 – USDCAD currency pair is likely to rise further toward the next resistance level 1.2765 (top of the previous Doji from last week)