Earlier...

image.prntscr.com/image/b17ae55cc02047918ec302a46c24d406.png
USDCAD 4 hr -

Now...

image.prntscr.com/image/ca03724390b4422c94988610abf2b464.png
USDCAD 4 hr -
While CAD been a loonie can do a move back lower to the 301X but perhaps one more strike higher can be seen as per the 8 hr layout that carries indication of a possible double bottom scenario..

image.prntscr.com/image/2e63b9d3289a4abcb1c452409eec2318.png
USDCAD 8 hr -
Hence be expecting some back and forth moves on this pair while shows more intend to hold out on any further strength on the USD..
derivativesfxtradingTrend LinesUSDCAD

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