look to short @ 1.3 region, the loonie has been on multi year lows due to weakening oil prices. This could be a start of tightening cycle in monetary policy with a hawkish tone by BOC. I reckon this pair to break below 1.25 and eventually test 1.20 in coming months.
CADChart PatternsTrend AnalysisUSDCADusdcadshort

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