USDCAD stays above a bullish trend line on the daily chart and remains in the uptrend from 1.2061. As long as the trend line support holds, the fall from 1.2916 could be treated as consolidation of the uptrend, and a breakout of 1.2916 resistance could trigger another rise towards 1.3200. Key support is at 1.2666, a breakdown below this level will indicate that the uptrend had completed at 1.2916 already, then the pair would find next support level at 1.2433.
