Hello Traders ,
We can see price is approaching strong resistance zone and bullish momentum is slowly fading which suggests that we can see retracement very soon ,
For this week we would like to look for SHORT setups only in USDCAD unless there is strong breakout above resistance zone , which may change the technical picture to bullish continuation and resistance will become strong support..
Trade as per your analysis and strategy , we recommend looking for shorts only till price remains below resistance..