FX:USDCAD   U.S. Dollar/Canadian Dollar
Possible short-trade in USDCAD             , as we can get some profit-taking in USD trade which is in my eyes a bit crowded as we speak.

In this case/setup, I have used 1H timeframe. As you can see, we have now retested earlier support as resistance and reacted quite nice. In that matter a short-entry should be set between 1.3320-1.3340 with a stop if 1h closes above 1.3360. Target is 1.3180 area, which is also 61.8% fib from recent lows.

Play safe and manage risk!

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