The chart of the USD/CAD below shows that this pair is forming a new uptrend on the D1 time frame. This pair is currently trading around 1.1000. The upside potential is up to the 1.1250 resistance area, shown by the yellow lines, so there is about 250 pips of upside potential on this newly forming trend. You can look for a buy signal on this pair on The Forex Heatmap® in the main trading session over the next few days. The charts you see below are moving averages we provide to our clients set up on Meta trader.
Forex Trading Charts USD/CAD 4-16-2014