The USD/CAD has been trading within an ascending price channel in its 1-hour chart. At present, the forex pair is nearing the channel’s support. If the support of this channel holds then we may see the pair bounce back towards its high near 1.030. A fall, however, below the support may send it to around 1.022. This is gonna be a quick 30-40 pips for me if things pan out well. So I’m buying at market and at 1.026. I’m placing my target at 1.030 and my stop loss at 1.024 as for my technical analysis. Wish me luck!