Should we expect a bullish trend on USDCAD?

Past performance is not an indicator of future results.
The breakout of USDCAD through the resistance line of a Pennant could be a sign of the road ahead. If this breakout persists, we expect the price of USDCAD to test 1.3253 within the next 13 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.