Price reversed from major resistance and closed below it. We can look for a short term sell (correction) before a possible trend continuation to the upside. A good target would be the 61.8 fib level of previous impulse move up at 1.2730 where there is minor support as well.
Trade active:
Shorted at market open.
Trade closed: stop reached:
SL hit as this pair just break through major resistance aggressively with the help of CAD being extremely weak today.