USDCAD, Bullish Potentials

Price reacted to the support structure in the bearish channel with rejections and some bullish momentum.

This gives us a descent trading range to go bullish in the descended structure.

Price could continue to move to the upside once a breakout above the current resistance is confirmed.

Expect some invalidation of the setup, should price continue to move to the downside and break current support levels.

Goal:
- Execution near support zone
- Invalidation 10 pips < Support
- Target at Current Resistance