USDCAD is at the top of the corrective channel of the overall major downtrend. Therefore this trade presents a good risk to reward ratio.
If you look at the daily RSI its highly overbought as well, with major news coming up for both the currencies it could be a trigger for the next down move.
Zoom into lower timeframe for a better entry.
You can DM me for entry points, targets, SL, etc.
nonfarmpayrollUSDCADusdcadshort

Also on:

Disclaimer