USDCAD 30min Analysis March 10th, 2020

Trade Scenario 1: Bullish - For us to go long we want to see price retrace to 1.2630. We will then wait for price to find support and enter on strong bullish setups, first targeting 1.2680

Trade Scenario 2: Bearish - For us to go short we need to see price break below 1.2620. We will then wait for a retrace and for 1.2620 to act as resistance. Enter on strong bearish setups, first targeting previous lows around 1.2590