Possible setup with an inverted Head and Shoulders. I normally would like to wait until a retest of the neckline breakout but I've entered this one a bit early with so much support from the 200 SMA on the daily as well ass channel support. Also Oil trading into resistance after a significant runup. I also believe the fundamentals in the Canadian economy will start to show cracks leading up to the fall federal election. While some of the data in the US economy may also be showing signs of weakening especially after the government shutdown, the other currency alternatives are not much better. I'm expecting broader USD strength against most currencies even in light of recent dovishness. The eventual target is around 1.36 which would be a retest of the late 2018 highs.