USDCAD WHAT TO EXPECT - Short to 1.24300 then long to 1.26000

As seen on the chart, price is approaching the lower trendline. After this, I expect price to bounce back to the upper trendline, breakout of it or retrace back to the lower trendline. This chart is a the continuation of the analysis I posted earlier on USDCAD. Scroll down below to see the analysis.

What do you think?

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