FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD short position, I have sold this pair for many reasons, one reason is that USDCAD has had a major sell-off for more than two weeks; has been forming lower lows and lower highs...

Price has reached the 0.786 area @1.25680 and has shown major resistance, such as wicks and LL/LH on smaller time frames.

USDCAD has also formed a double top that may indicate a reversal.

I am risking 2% on this trade. Risk to Reward on this trade is 1.2.

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