According to the analysis made upon the USDCAD chart today I do notice that a strong bearish trend is taking place based on the oscillator which is now at 0.0012 area located below the balance level while at the same time the indicator is giving us a red signal which makes a strong indication that a bearish direction is taking place on the short term. The moving average 5 on the chart giving us a down slope the top located at the price 1.11 could be considered a good stop loss for if there were sell orders indicated by the indicators we are using.![]()