Forex Signal

USD/CADusd/cad is currently at 1.1270 with a high of 1.1305. Looking at the chart, it has lost its momentum eventhough the uptrend is still intact. It may hover around 1.1240 - 1.1310 for a while.Possible Trade:Short usd/cad @ 1.1300 or better.Target: 1.1180, 1.11201, 1.1080.Caution:If usd/cad overshoot 1.1315, then its possible that it will go long. This is because usd/cad is currently going uptrend. It will be constantly making new high.