USDCAD Bearish. Open sell on the retracement price.

As we can see here, USDCAD reaches the peak last week up to 1.355, which is the result of depressing Interest Rates. However, this week, we can see that the USD is dumping out and it is running out of gas. You can base it on XAUUSD who goes up to 1325 mark for the 3rd consecutive day. Also in EURUSD who goes up to 1.125 marks because of the bad results of PMI. With the upcoming reports on Friday, this might go down up to 1.34 - 1.33 for long.