I marked GAP from daily chart. It seems like that the pair is treating this place as a good support(we can see nice combination of 200ema and GAP).
USDCAD is still in bearish trend and I expect that the trend will continue and the lowest low may be challenged.
USDCAD is still in bearish trend and I expect that the trend will continue and the lowest low may be challenged.
Trade closed: stop reached:
Still good trade though in my opinoin