The USD / CAD currency pair demonstrated to us an unquenchable ascendant interest for about a month, issuing over 700 points of a vertical move. Now, we see how the price has reached the psychological level of 1.3000, where I felt a variable ceiling over myself, forming a fact of stagnation, with a subsequent pullback. It is possible to assume that the "bullish" interest is still in the market, but overheating already has a clear place, and the current level can be excellent for accumulating short positions.
Key Levels
Resistance - 1,3000; 1,3090 *; 1,3200
Support - 1.2900; 1,2770 *; 1.2660
* Periodic level
