USDCAD we have tow analysis here :-
first we can sell after breakout the uptrend line at 1.2390 .
second we can sell when he go up to downtrend line at 1.2490
all this analysis will stop loss at 1.2590
see the oil price now you will find why CAD go up V.S U.S $ . ?
we are go to a big resistance at 1.3840 its will be big chance to sell with a price action here ,
we will wait to see a price action first before sell .
we have a pig divergence
this like eur/usd in past analysis you can see this .
it will be good point to buy with a big up trend .
but we need a price action here in this area at 1.2940 to 1.2970 .
if the a daily candle breakout this trend we will looking for a good point to sell .