This is my analysis shown above. If break out of this upward flag we look to head up to around the 44’s.
USDCAD has seen bearish movement, we need it to pullback to the fib level of 0.5 and then we can expect it to head back down to 1.29, we have our daily resistance at 1.32 and 1.28.
I'm think of shorting down to 67.8 as we didn't break resistance and see how strong the support is below before making the next decision. Weekly and Daily support a Short move.