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USD/CAD in a New High and a Pullback

USD/CAD has been bullish since finding support at 1.0620 in July. In early August, the pair stalled under 1.0986 and formed a double top. However, the market remained bullish after a brief (failed) price topping attempt. As you can see in the 4H chart, price has moved to a new high just under 1.10. 

USD/CAD 4H Chart 8/26

(click to enlarge)

Note the moving averages getting back into bullish arrangement with price trading above the 200-, 100-, and 50-period SMAs in the 4H chart. The 4H RSI has tagged above 70 again and as long as it stays above 40, we should be seeing a bullish trend continue.
However, price is retreating from 1.10 and is now making its way below last week's rising trendline. 
Let's wait for the pullback to extend slightly in the near-term, I think as the 4H RSI moves toward 40, and price toward 1.0930-1.0940, we should see some buyers. There is still further upside above 1.10 toward the 1.1050 highs from April. At this point a break below 1.0925 could introduce further consolidation or bearish correction, especially if the 4H RSI falls below 40.