USDCAD approaching support, potential bounce!

USDCAD is approaching our first support at 1.3053 (horizontal pullback support, 23.6%, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) which coincides with our short term ascending support line and a strong bounce might occur above this level pushing price up to our major resistance at 1.3222 (horizontal swing high resistance, 50% Fibonacci retracement).
Stochastic (89,5,3) is also bouncing off our support where we might see a corresponding rise in price.
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