In the daily chart, we can see that the price has broken the last support zone. So in H1, the pullback is completing we can short that in order to reach to next level as I show.
After breaking down the line of 1.1702, we will be waiting for a pullback to the line, and then the downside may be continuing till 1.1420.
it just a trading experience that I have. could it be correct? let see
On Daily, we have a short trend. so H1 is making a pullback now and then it is gonna make a short trend.
Due to the fact that the price broke the stage of support, we are waiting to make a pullback to the broken stage and then it will be a good position for a Short trade.
As the USDCAD in daily time is going to return in the last pivot so we can see the price come to touch the states that I showed in H1 timeframe. Remember that the trade side in D is Short.