USDCAD is facing 1.3028 support, a breakdown below this level could take the price to 1.2950 area. Near term resistance is at 1.3080, a breakout of this level could signal resumption of the uptrend from 1.2951, then next target would be at 1.3160 area.
![USDCAD 4-hour chart](https://www.forexcycle.com/wp-content/uploads/2020/20200116_USDCAD_1.png)