USD/CAD Bulls Eye Pivotal ResistanceU.S. Dollar / Canadian DollarFOREXCOM:USDCADFOREXcomUSD/CAD is trading at key resistance into the start of the week at 1.3977/85- a region defined by the 2022 high, the May high-close and the 200-day moving average. Risk for possible inflection exhaustion / inflection off this zone in the days ahead. Monthly open support rests at 1.3920 and is backed by the 2022 high-close / 2023 high at 1.3881/99. Broader bullish invalidation rests with the 61.8% retracement / September 11 reversal close at 1.3826/32 with a breach / daily close above the 38.2% retracement of the yearly range at 1.4019 needed to fuel the next major leg of the advance. Keep in mind we get the release of Canada employment data on Friday. -MB