I still see some bearish continuation on this pair. We could see a buy at the beginning of the week then looking for that big sell higher.
If we can come back into that zone region again, then i would be looking for long positions.
Would like to see this play out going into this week.
Looking for a push into our top zone as i see we need to trade into this area, Then shorts down to the bottom zone.
Would like to see a push into our region highlighted at the bottom and enter for a Buy. Target region near the top zone. Due to the Dollar needing a correction i see USDCAD pushing up this week.