Falls below 1.2800
The USDCAD will be below the 1.2800 level and is approaching in the process of the October 1, 2018 low price of 1.27818. A move below this level would bring the price to the lowest level since May 2018.
Exploring the hourly chart, the USDCAD is running lower after the better-than-expected employment report in Canada (and the weaker US report. The price fell from around 1.2860 to a low of 1.2791 ).
