USDCAD 30min Analysis March 2nd, 2020

Trade Scenario 1: Bearish - For us to go short we want to see a clear LH form around 1.2670. We will then look to enter on strong bearish setups, first targeting 1.2620.

Trade Scenario 2: Bullish - For us to go long we need to see price break above 1.2680. We will then wait for a retrace and for price to find support around 1.2680.