USD/CAD Is Testing the Support at 1.3000

USD/CAD reached the resistance at 1.3385 well over a month ago and after forming a shooting star candlestick and a double top on the daily time-frame, it bounced off from that level and continued moving to the downside. Yesterday the pair finally reached the support at 1.3000, which coincides with the (MA)89 indicator on the same time-frame and it is still testing that level. If it breaks out below it next target will probably be at 1.2950. A breakout below that support could lead to a further move to the downside towards 1.2880, which is the (MA)89 indicator again, but on the weekly time-frame.