USDCAD is sitting in at a major zone right now. I'm expecting price to break above the area, and continue upwards. It has been since 2018 since price consistently traded below the zone. This could be an "entry king" I could also see price testing the previous low before pulling up.
If price does break down for a short, look to take sell at retest and failure of breakthrough for the level. Minimum losses here.
If price does break down for a short, look to take sell at retest and failure of breakthrough for the level. Minimum losses here.