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USD/CAD Breakout Underway

Price is trading in the green and looks motivated to take out the near term resistance levels. Has managed to jump above the median line (ml) of the minor descending pitchfork and now is pressuring the 1.2678 static support. A valid breakout above these levels will confirm a further increase in the upcoming days.

The next upside targets will be at the warning line (wl3) and higher at the median line (ML) of te major descending pitchfork. Could also be attracted by the upper median line (uml) of the minor descending pitchfork.

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