USDCAD

Technically, I see this USDCAD pair has entered a price position that is still feasible to take into account its entry point.

Let's look at the USDCAD chart image 4 The following Time Frame before we analyze:





Let's analyze using Price Action analysis (Trader Pressure), In the market trend, USDCAD is still in Bearish / Downtrend condition, but we also have to anticipate a trend reversal if the price breaks the Resistance area above and also price consolidation.

In the history of the candle, we can look for opportunities for Sell entry because the long term is still in the Downtrend effect, but in order to be more objective, I will present the analysis for buy or sell entries.

If we look at the chart above, the Seller pressure (the length of the red candle) slowly decreases the price without being able to be opposed by the Buyer pressure (the length of the green candle) and forming Lower high.

This indicates that there are still sellers who dominate the formation of certain price levels. However, the opportunity to buy can still be found in this USDCAD pair.

In the picture, I determine the Area Resistance through two lines above the price (1.3252 - 1.3240), for the Support area, we can see through two lines below the price (1.3188 - 1.3172)

Ucad if we say strong bullish at this time only because of the distance between the price and EMA50 as a trend filter besides the mid BB of course. At the moment it's still in buy momentum condition so we will only wait for the correction down price to the low BB or MA area so that the reentry buy setup will be formed. To determine how valid it is, we can use a lower time frame to find out the full setup there. But still all will come back to what is usually done with a measure of comfort for each trader who undergoes

on price 1.273 usdcad we can sell it , cause resistance in timeframe H4 

USD / CAD daily chart
The Canadian dollar traded positively around 1.3320 against the USD during the early Asian session on Friday.
Successful trading above the 100-day & 200-day simple moving average (SMA) signals a brighter opportunity than the pair's further rise to January highs near 1.3370.
During the additional increase the last pair-1.3370, 1.3440 and 1.3565 became important resistance that must be considered before looking at the 1.3660-65 area, including the marked highs in the December January period.
On the downside, the 100-day SMA level at 1.3200, followed by 1.3125 which is the 200-day SMA, can entertain sellers before challenging it with the numbers of the support lines 1.3050 and 1.2960.
USDCAD

4 hour graph
Besides the January high on the daily chart, the 50% Fibonacci retracement from December to February, also highlights the main resistance area of 1.3365-70-, a break of these levels can accelerate upward movement to 1.3440, 1.3470 and 1.3490.
Alternatively, 1.3285 can act as an adjacent support for the pair before dragging it to 1.3200 and then to the support zone 1.3170-65.
USDCAD

Hourly graph
The hourly chart illustrates 1.3330 horizontal line as immediate resistance ahead turns market attention to 1.3370.
Meanwhile, the trend line is sloping upwards, at 1.3270 now, possibly the closest support for the pair, a break of these levels can cause a move to 1.3200.

USDCAD now testing at 1.32946 and predicted that if the price does not break then the price will bounce up in the range 1.22229.
And if you want to open a pending order, the buy limit is only priced at 1.32946 ahead of the CAD news