USD/CAD Triangle Pattern

USD/CAD is forming a triangle best seen on the daily chart. The pair has gone up to the resistance line several times already and is now drawing what's probably going to be its last move before it finally breaks out of the pattern.

USD/CAD made a last high of 1.3107 and then gave away the gains going to a low of 1.2831. Main trend on the long-term remains bearish unless we get a break above the triangle. Until then, price is bound to fluctuate around 1.29-1.30.

Patiently waiting could turn out to be the best choice in this specific case.
First support level 1.2760, first resistance level 1.3060.

Chart: USD/CAD D1