. There is a possibility of temporary retracement to suggested support line (1.3987). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. USDCAD is in a down trend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The is at 66.
TP1= @ 1.4245
TP2= @ 1.4348
TP3= @ 1.4667
SL= Break below S2