USDCAD: will leave the channel or fall into the channel?

Since May last year, the price has been in a downtrend, during which it regularly touches both trend lines, practically without making serious breakouts. In March, the price bounced off the support at 1.230 and rose to the resistance at 1.263. During the first week of April, the price continued to move along this line, fixing on it at point 1.260. Now we can expect the price to fall from this point to the intermediate support at 1.238.
SL - 1.268.

Remember, there is no place for luck in trading - only strategy!
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