Technical analysis:
USD/CAD has been trading upside today and I found the breakout of the 3-week long horizontal consolidation , which is strong sign for further upside movement.
Trading recommendation:
Due to the breakout of the well defined 3-week long horizontal consolidation, I see potential for the upside continuation.
Watch for potential buying opportunities on the dips using the intraday time-frames.
Upside objective is set at the price of 1,2950
Key support is set at the price of 1,2780