We had a beautiful reaction last week as mentioned in the Daily Block I drew. CPI news came out and completely wiped the floor on the idea. I closed my longs before CPI news but then lost a bit trying to long it again. Unfortunately for me that was a lack of patience.
This week I would like to see dollar gain some strength but now I'm waiting on the sidelines. I am still bullish USDCAD but don't want to see a daily close under the yellow line. I need to be patient to start the week