The USD/CAD has dropped from important historical resistance. Currently the price is at important support and it will be either make it or break it for the pair. 1.2980-95 is POC zone (L3, EMA89, 61.8, trend line) and it making an X Cross with ascending intra week trend line (blue). If we see a rejection from POC and 4h close above 1.3010, the targets will be 1.3030, 1.3060 and 1.3100. However if the price drops below 1.2975 it should target 1.2946, 1.2920 and 1.2880. Pay attention to price flow and eventual bounce or break below POC zone.
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