usd-cadTrend looks bullish in 1 hour chart of USD/CAD currency pair. Important support is present at 1.2861 price level and seems to me price is going to rise up now. Expect price to break out of the bearish trend channel and rise towards 1.3110 price level in coming trading days. However; if price is going to breaks below 1.2861 key support level then I would prefer to stay out of the market and re-analyze the price action.

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