The USD/CAD has managed to increase a little in the yesterday’s session, but failed once again to reach the median line (ml) of the minor ascending pitchfork. So the current minor decrease is natural, could retest the lower median line (lml) of the ascending pitchfork, a rejection from there will send the rate much higher on the short term. Is trading near the 1.2150 level, but you should be careful because the US data could bring a high volatility.
