USD/CAD price stalls - Forecast today - 01-04-2025

USD/CAD price settled mildly higher in latest intraday trading after taking a breather from the sustained rally yesterday, while collecting profits and venting off overbought saturation in the Stochastic as negative signals start to emerge from it.

It comes as the price breached a downward secondary trend line in the short term, while boosted by ongoing support due to trading above the 50-candle SMA.