In June 2021, UsdCad has changed the trend, breaking above the descending trend line and reaching a high around 1.3 important resistance. Since then, the pair was very volatile with large up and downswings. In December, UsdCad has had a new attempt to conquer 1.3 and failed again, dopping slightly under 1.25 However, this low is higher in rapport with the previous 2 and can be an indication of continuation to the upside. More, 1.25 zone is market by 3 bullish pin bars and it is clear that we have buying power in this zone. In concl;usion, dips against 1.25 should be bought and swing traders can target 1.3 resistance. A dive under the recent low would negate this scenario.