USDCAD, further contract within the Bullish Wedge Pattern. January bottom 1.2590 is currently being tested again. If the price able to hold above this level, the upper line of the wedge, 1.2752 may be targeted. And if wedge formation broken to upside the Fibonacci levels can be followed as possible resistance levels, especially %38.2 level, 1.13384.
For a more bearish outlook, below 1.2590, the lower line of the wedge which is currently at 1.2472, may become a good target in the short term.
