Interesting move on USDCAD, good to long

After CBC raising rate, USDCAD must have a stronger trend to 1.20; however, i find there are two turning point at the 1.2400. Basic my analysis, USDCAD have opportunity back to 1.2900.

My plan is set long position around the position, target at 1.2900, S/L at 1.2300.