USD/CAD had a strong bullish continuation breakout last week as seen in the 4H chart. However, it stalled before 1.190 and retreated as it tested the 2014 highs. The 4H chart shows the wedge breakout, and the subsequent retracement. The chart also shows some factors to consider for support. (USD/CAD 4H chart: click to see full size)1) The 1.1010-1.1035 area has been a pivot, acting as resistance and support since late January. 2) The 1.1015 area is 61.8% retracement of the breakout swing.3) The 200-4H SMA is at about 1.10254) The Stochastic is showing oversold level around 20, while the RSI is nearing 40, which could be a support if the market is indeed in the midst of a bullish development. The fact that the RSI did pop up above 70 last week showed initial bullish momentum, so we will see this week weather this bullish momentum can continue - The RSI holding above 40 can reflect this.Anyone planning to buy USD/CAD in this 1.110-1.135 area?