USD/CAD: Possible new bullish impulse in the next few days.

The USD/CAD is barely unchanged ahead of the FOMC’s minutes release, though slightly tilted to the downside with losses of 0.05%. Traders worried that the Fed would raise rates further than expected, dampening the market mood during the last couple of weeks. At the time of this writing, the USD/CAD is trading at around 1.3539.

Following the breakout of a dynamic trendline, the price continues to rise from the last pullback on the uptrend scenario's dynamic trendline. The price may continue to grow in the next few hours and days.

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