USD/CAD is currently setting on a horizontal support level. From here it will most likely break below this level, retest it, then continue to push toward the major support level.
However it could bounce off of the horizontal level its currently at and push back towards the next resistance line, look for a fail to break, then enter your short position.
However it could bounce off of the horizontal level its currently at and push back towards the next resistance line, look for a fail to break, then enter your short position.