This is not a pair analysed very often. But as I was searching for a Trade set-up, this pull-back from a strong support caught my attention, and then SL and Tp are set and placed the trade. (approximately, 1:3 RRR)
Shorting USDCAD The weakness in USD, especially against the commodity currencies and the EUR , continued in the first week of 2018, from the last week of 2017. along with this technicals the symmetrical view of the chart tantalizes the traders to go south with this pair. so did I.The lows of the October last seems to be an easy reach! Let's wait and see. Happy Trading and Happy New Year to you all.