In this setup, got a ascending channel for usdcad which has held strong. No signs of the wedge breaking yet as the usd is quite strong atm so will be looking for a small pullback to 1.3250 and then a new HH. If this fails to play out, will be looking for the downside scenario where i will be looking for a break of the channel and a retest of 1.3250 and then for it to head lower. X's mark where liquidity is lying so these will be targets for downside scenraio.
Trend AnalysisUSDCADusdcadlong

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