Really cannot see the USDCAD breaking back above 1.30 now with the DXY crumbling and oil prices climbing.
The only question is where the pullback ends.
I've highlighted a 1hr zone of interest in yellow, where price stagnated creating a potential shelf for price to retest.
However, should this break, we should see a retest of the weekly support turned resistance before a further impulse.
Remember, even though we expect a slight push up, we trade with the trend!