So if we take a step back and look at the daily on USD CAD the green lines indicates support or resistance. its been on a uptrend lately so i do expect there to be a few pull backs but ideally it looks as if it may test our resistance line at the top and possibly go as high as my blue rectangle.
The chart here has tested many Fibonacci Levels and has made many trends. We also have an EMA on the chart. The EMA has now been broken and is showing good signs for an uptrend following breaking Fibonacci Levels.