USDCAD formed new daily BUOB, at the new swing high. For us this is great signal for buying opportunity on the retest of a new strong daily support zone 1.3856.
For conformation we can see a emas crossover.
The pair moved in range of 600 pips from the November 2016. At 27. April 2017 the pair broke daily resistnace and close above that.
For now we want to see retracement to the to the new support and then we will jump in long position.