USDCAD testing neckline

The neckline of the inverted head and shoulder pattern of the USDCAD is at the 1.3250 level. In addition, the trend line (ascending) from the August lows comes in near the same level which may offer a good risk/reward for those looking for a move back to the 200dma in the coming weeks. RSI is back to mid range which may allow for the buyers to come back in near these levels.