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USD/CAD Price Forecast: Rises toward 1.4050 due to potential for bullish reversal

USD/CAD inches higher after registering losses in the previous session, trading around 1.4030 during the European hours on Monday. The technical analysis of the daily chart suggests a bullish reversal as the pair is attempting a rebound within the ascending channel pattern.
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Eurozone Current Account s.a came in at €11.9B below forecasts (€22.5B) in August

Eurozone Current Account s.a came in at €11.9B below forecasts (€22.5B) in August
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