USDCAD, tends to retest the downtrend line on the short run at 1.2415 handles, traders would be looking for placing entries around this area.
if the pair holds above the mentioned level, the market might all the way back to 1.2550 as a first target. However, if it fails, then the market will continue drifting down, and 1.2340 and 1.2195 would be the next stations for it