USDCAD LONG POSSIBILITY

As we see usdcad is retracing from the previous bullish move. I see two possible types of corrections, either a regular ABC or a ABCDE/Flag correction. If you decide to take this trade place stop loss around 1.32100-1.32200 price level. If you want a more conservative approach place trade on a breakout of the Flag/Triangle indicated by the green trend lines on the chart.