USDCAD has returned to lower line of the narrowing triangle that had designed pair's range in past six weeks.
Likely scenario: rebound from current resistance 1.3390 and decline targeting 1.3290, then 1.3160.
Alternative scenario: close above 1.3390 and top retest at 1.3460.
Likely scenario: rebound from current resistance 1.3390 and decline targeting 1.3290, then 1.3160.
Alternative scenario: close above 1.3390 and top retest at 1.3460.