The support at 1.2960 held after all. USD/CAD is currently forming a correction after the big depreciation and may rise to 1.3050.

It broke out above 1.3050 and remains bullish, next target is likely at 1.3080.

The move north continues for now even though USD/CAD formed a shooting star candlestick on the daily time-frame at 1.3100. The pair is yet to break out above that resistance but it is still quite bullish.

It closed at 1.3060, I think next week we will see a further move north.

My prediction for a move north was premature, I think, the pair formed both a shooting star and a hanged man candlestick below the resistance at 1.3100 and together those candlesticks are a good indication for a reversal.

USD/CAD is consolidating sideways, forming several spinning tops on the daily time-frame around 1.3070. That said, the candlesticks' long upper wicks indicate a possible small move to the downside.

USD/CAD finally bounced off from 1.3070, I think it will depreciate back to the support at 1.3000.

USD/CAD continues consolidating around 1.3030 and since the market will close soon that consolidation may not end this week.

As I thought it remained at 1.3070. Let's see how it will develop next week.

USD/CAD continues consolidating sideways, testing the resistance at 1.3070, let's see whether it will rally to 1.3100.