USDCAD D1 CHART, WILL PRICE ROTATE BACK FOR THE BULLS?

After price broke out from a very tight range that price formed on D1 chart, price didn't waste time to go higher. price has now gone back below same supply that saw price made heavy sell off from. this level if it holds, it's likely to send price back lower and into the recent breakout supply now our new demand. it could be a high probability area to look for long trades on a smaller time frame