21.05.26 Daily ForecastUS Dollar/Canadian DollarFX:USDCADJordanWillsonPairs on Watch - USDCAD : I am currently in a long position on this pair targeting the next value area above for a simple 3:1. We can see price consolidating for most of this week on the 1H and 4H and has now broken out to the upside through Asia. After the impulsive leg we were given a consolidation on the lower timeframe where I positioned myself for a reduce risk entry to allow London momentum to take me into the trade. I will keep you guys updated with the trade management and outcome. EURCAD : Very straight forward game plan with this pair today. We can see the higher timeframe clearly in a bearish trend with a target at the bottom of the range to aim for, it is within this area that price is currently positioned we can expect the larger structures to form. The 4H is showing a great 123 potential structure, if price comes into the third touch area I will look for a 4H risk entry short. We may also get some internal structures which will allow me to filter to the 1H for a more precise risk entry.