Conclusion: If price show price action here then we may see a actual new pattern here which means we may see a move up. OR we may see a further fall i.e. can be after a lower degree correction or it can be a direct fall.
Hope it will help you a bit!
Here is my view on USD/CAD if you are interested:
Based on Market Profile (volumes) and Price Action there are two very strong resist/support zones.
The short level (1.3666) is placed where a cummulation before a strong sell-off took place.
The long level (1.2922) is based on strong rejection activity accompanied by huge volumes (seen on the right cummulative volume on the right).
If you are interested there are more Market profile swing and intraday analysis in my profile page. You are very welcome there!