Last time we looked at USD/CAD, we noted that it was trading at a rising trendline. $USDCAD Daily Chart(click to enlarge)Bullish, next Resistance:- Price action is still bullish in the short-term as USD/CAD held above the rising trendline.- There is upside at least back towards the recent high around 1.29.- Above that, the next key resistance is in the 1.2970-1.30 area. - 1.30 is a psychological resistance. Also, the 1.2970-1.30 area is a previous support that can turn into resistance.- At that time, the daily RSI should be back to the overbought area.