USDCAD is beginning to downtrend on the 30 min chart after being in a channel the last 3 days. The long term wave is below zero so the long term trend is down, the green lines are potential support levels. Momentum is downtrending. TTM SQZ indicator is showing built up energy that will be released soon, in my opinion it will be released with downward force. Price Target of 1.325 which is 50 pips.