Sell USDCAD @ 1.3000. Take profit targets @ 1.2970 and 1.2950
Stop loss @ a close above 1.3030
On the 4 hours chart, the USDCAD moving average is heading downwards and it’s showing weakness as the RSI is hovering around the 30 zone. Moreover, the pair’s CCI is diverging from the moving average and it is in the overbought zone.