We've got Canadian C.P.I data coming out this Friday, expected to be higher than the previous. That might prove for Canadian Dollar helping to push this pair lower.
On the other hand, we've got the much belated tax reform hoopla going on in the US, so the bill passing / not passing could add to the / pressure.
Price has been in a range. Looking at the , the price has been oscillating nicely around the P.O.C (Point of Control) line in the middle of the value area. This shows a lack of any real direction - and a possible fundamental catalyst later this week in the form of the C.P.I could be enough to drive this pair back down lower.
I have a sell limit set to trigger at the top of the range. I am trading this without a stop loss, but with very low leverage.