USDCAD was cruising along nicely until Poloz opened his mouth and had to say good things about Canada. I'm completely kidding of course. A new strategy is needed heading forward since we broke and closed below a support level. I can't become long term bearish until we break some more levels so I will be looking for areas to reenter long. FOMC statement coming up so trade cautiously. I will also be paying close attention to price action and looking for a signal to scream one way or another. I posted a short video about this pair. Watch it here: youtu.be/9KPKygpIKWE