Here is some simple analysis for the USDCAD Daily.
These blue levels are some ''Obvious'' levels that could cause a bit of fluctuation in price and therefore some LTF Setups.
I will pay close attention to these levels purely for their significance on the daily chart, These levels could be possible for stophunting or give setups in terms of reversals but...
It has reached a high and has been making lower highs ever since. The DX is also going down, making the USD weaker, making this a sell for the week. On the monthly charts, you can see the action and the Fibonacci retracement. Here are my swing trades for the pair:
USDCAD Sell Market:
and another trade:
USDCAD Sell MArket:
usd cad , the price is touched the top of the channel , you can sell it at the top, the stop loss is about 40pips, but the risk is high.
and ,the better is wait the price pull back to the demand zone, and buy it.