1. USDCAD's "overall trend" is still pointing to the downside.
So it is obvious that "shorting" this pair still carry a better probability
2. We have a nice looking candle in D1, it proved that there is an "immediate" trend momentum shift.
So, if you looking for a potential quick swing back, you can consider going Long with the great length of caution.
Summary, this pair may swing back up to the previous resistant levels, as a typical pullback during downtrend. I expect, it can swing back up to 1.25 level. But you have to be quick.
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