Based on simple analysis we are able to see the trend of USDCAD and the channel that it has formed on the Daily time frame. Price will reach 1.3764 area before it goes short. There is multiple confirmations on this, such as trend lines, resistance being tested once again and of course price reaching the 61.8 on the FIBZ PRZ. Analysis is based on the daily because the bigger the time Frame the stronger the trend BUT entry will be on 4hr or 1hr. This trade is easily going yo be 100 pips but trade might not be ready until NFP.