USDCAD has (finally) broken the wedge on the weekly time frame, so we can see some sort of momentum.
Price has formed a bearish AB leg on the daily time frame, and there is CSI supporting trend reversal.
I am now looking for price to retrace to the supply zone around the 61.8% Fibonacci level. Should price reach that area, I will look to enter a sell on previous resistance (red line in supply zone).
Entry: 1.32244
Stop Loss: 1.38130
Take Profit: 1.24530
