USD/CAD: technical view for 05/25/18

The pair is trading near the upper limit of the range 1.2750-1.2900 against the background of correction of prices for crude oil. If oil quotes continue to decline, then the pair may continue local upward movement.
Technical picture:
The price is located above the lower line of the boundaries of the Bollinger bands, below EMA 5 and EMA 13. RSI is above the level of 50% and moves horizontally. Stochastics are neutral. MACD is above the zero mark and is growing. Indicators do not confirm each other.
Trading recommendations:
If the pair overcomes the 1.2900 mark, we should expect its local growth to 1.2970.