The USDCAD has rebounded today and tries to break a 7 day slide. The correction higher, however, has run into some short term resistance that puts a lid on the pair.
In this video, I step through the daily and hourly charts of the pair and show in detail what levels are in play. It is important as a trader to understand the "whys". This video explains so you can replicate the ideas in your trading going forward.
