USD/CAD moves sideways on the short term and looks determined to challenge the median line (ml) of the blue ascending pitchfork again. Now is pressuring the 1.2460 level and only a rejection will signal another upside momentum. Price remains steady even if the USDX plunged today and reached new lows. The perspective is still bullish as long as is trading above the mentioned support levels, but a valid breakdown will confirm a larger drop.
