UsdCad- Can it drop to 1.15?

For UsdCad the trend is not only down, but aggressively down.
At this point, the pair is in 1.2 important zone support, a support that held in 2015 and 2017.
The daily structure is a rectangle that suggests continuation.
If 1.2 is broken to the downside, the pair can drop to 1.15 psychological support or even to 1.13 technical one.
A short trade at this point also can have a great risk:reward ratio