USDCAD is trading Over 1.2325 in the positive direction and that’s give the momentum to reach its 1st target for today around 1.2370 and if it breaks over 1.2385 that will push the price to reach its 2nd target around 1.2420
Only the break Under 1.2320 would change this view and market direction to reach as Low as 1.2285 as its 1st target and if it breaks Lower than 1.2274 that will open the door to reach its 2nd target around 1.2235