I already have an open trade with this pair, and I'm doubling my entry now @0.8900 because there are obvious signals that this "up" short-term trend is running out of fuel. We are expecting 2 fundamentals news ( oil
inventories) that have already make a dent on this pair, so they shouldn't affect the price and they should actually send the CAD Dollar high, so thats another reason why we are shorting this pair.
Sell @ 0.8990
Stop Loss @ 0.9100
Take half profits @ 0.8860
I'll keep you updated.