. There is a possibility of temporary retracement to suggested support line (1.313). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. USDCAD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The is at 56.
TP1= @ 1.3220
TP2= @ 1.3285
TP3= @ 1.3340
TP4= @ 1.3420
TP5= @ 1.3505
SL= Break below S3
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