Technical: - The 50% Fib (Price:1.3577) (weekly) is closely aligned with a past resistance turned support - Waiting for immediate close below these levels to enter a short position - Or we can see the pair just test the Support and keep rising o Dependent on some of the US data coming out this week.
Fundamental - USD: Building Permits released Tuesday, 16/5/17 o Bound to shake things up - USD: Crude Oil Inventories announcement (Wednesday, 17/5/17) o This will likely dictate a general trend with USD pairs and Crude for this week - CAD: Core CPI (MoM, YoY) (Friday, 19/5/17) - CAD: Core Retail Sales (MoM), (Friday, 19/5/17) Fundamentally not much is being announcement from both Economies. But with the recent accusation of Trump leaking secret intelligence to the Russian (Tuesday). Any USD pairs Should see a bit of price action