USDCAD is testing 1.2666 support. A breakdown below this level could signal resumption of the downtrend from 1.2916, then next target would be at 1.2600 area. Below here would aim 1.2433 support.

Near-term resistance is at 1.2750, a break above this level could bring the price to test 1.2836 resistance.

A breakout of this level could signal resumption of the uptrend from 1.2666, then next target would be at 1.2916 previous high.