USDCAD 5-month Channel Up calling for a correction.US DOLLAR VS CANADIAN DOLLARTRADENATION:USDCADTradingShotThe USDCAD pair has been trading within a 5-month Channel Up since the start of the year. Yesterday the price almost hit the pattern's Top (Higher Highs trend-line) and got rejected. At the same time, the 1D RSI remains overbought since June 05. Every time that happened in the past 8 months, the price pulled-back to at least the 1D MA50 (blue trend-line). This is why our minimum short-term Target is 1.37850. A break below can test the market's long-term Support, the 1M MA50 (red trend-line) at 1.36650. --- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇