Trend is bullish in one hour chart of USD/CAD currency pair. As I have suggested yesterday during my daily Live trading room session, USD/CAD 1 hour trend is still up. All those traders who took a buy trade made the right decision as price did bounce back up. Support is present at 1.2978 price level. I expect price to rise up to complete wave 5. If bearish candlestick closes below 1.2978 support level then up trend is going to end. Hence, I might like to stay out of the market and re-examine the price chart.