In the forex market the USD/CAD is trending higher on the larger time frames. This chart below shows the uptrend on the MN time frame. You can also check the smaller time frames (M5, M15) for current resistance levels of around 1.0725. You can set a buy alert at that price and look for a confirmation buy signal on The Forex Heatmap®. There is no nearby resistance and this pair has excellent upside to the 1.2700 area. The forex indicators you see below are some simple exponential moving averages for following the trends of the forex market.
Forex Trend Charts USD/CAD 12-18-2013