USD/CAD breaks major trend line support at 1.4500, targets 1.4300

• Major trend line support - 1.4450 (trend line joining 1.4064 and 1.4187)
  
  
• Loonie has broken major trend line support 1.4450 and declined till 1.44393 at the time of writing. It is currently trading around 1.4418.
  
  
• Short term trend is slightly bullish as long as resistance 1.4545 holds.
  
  
• On the lower side any break below 1.4450 will drag the pair till down till 1.3850/1.3000 in short term.
  
  
•  The pair's minor resistance is around 1. break above trend line resistance 1.4545 will take the pair to next level  around 1.4600/1.4640.

It is good to sell on rallies 1.4450-55 with SL around 1.4505 for the TP of 1.4385/1.4300