USDCAD: Probably Rebounding #forex

I haven't taken this trade yet, i am waiting for a better price.

However, i thought i would share the idea if you are interested.
Looks like we might see a bounce higher in the near term. First target at 200 days simple average. Second at 1.3385 area. If we break the latest swing low the setup will be invalid. (By break i mean close).

Best
Technician