Usdcad on longterm it is a bullish , maybe d1 chart pitchwork down side can be place.
Now price failed around to hit 1.20 and now cycle back to another price point to 1.30
Down trend is already broken with Head and shoulders pattern
I think it cannot break upper trend line this year (2017)
Technical analysis W and D1 charts pullback into pervious low and cycle down
And now it is setting down trend with spike big candle
I will look to more massive downside but at this time entry is not here.