On USDCAD, bullish scenarios are more likely to have place in the next few days:
Scenario 1: The upper trendline is valid and the price is sitting around a support so if it breaks it upward, a Long position can be entered.
Scenario 2: A less risky possibility could be that the price will dive in the zone one last time before breaking the upper trendline for good. A better RRR can be reached with this one.
Trade Safe and Best of Luck
MacroForex
Scenario 1: The upper trendline is valid and the price is sitting around a support so if it breaks it upward, a Long position can be entered.
Scenario 2: A less risky possibility could be that the price will dive in the zone one last time before breaking the upper trendline for good. A better RRR can be reached with this one.
Trade Safe and Best of Luck
MacroForex