USD/CAD reached the key resistance level 1.052 from where it headed down.
Break of the support level 1.042 will take the pair down to 1.038 where it might correct to the resistance at 1.042. After this downside movement is expected.
The main trend is still upside, therefore it is recommended to be careful while selling the pair. Selling is only recommended on upside rollbacks in order to minimize possible loss and increase profit.
Sellers have a good opportunity to take the pair down to 1.032.
Support levels: 1.038, 1.032
Resistance levels: 1.052