USDCAD is currently in a tight range.. Almost all pairs are ranging. Therefore before the release we do not have a clear direction. Banks will eventually want to drive price back down to high . However, before they do that they will attempt to accumulate at these levels or even higher. Therefore you Stop loss should be tight. Until then, we are trading ranges. Price has made it in a daily on Friday and has made it’s first move down. We will wait for a pull back to my trigger zone.