- USD/CAD is now meeting the upper trend channels resistance - This touch has also occurred at the 1.33 Psychological level - If we see rejection at this point, may drop to test the lower channels support - This could be at the 1.32 Psychological level
** We would need to see a solid rejection candle/pin-bar/pattern at this point to justify entering a short position **Price could just as easily break through to the upside