USD/CAD price outlook| Buy the dips
U.S. Dollar/Canadian Dollar FX:USDCAD
USD/CAD appears to have bottomed out. Currently, the bulls are waiting to break the 1.37 key area. There must some event like a risk-off situation in the market that will trigger the Bulls to break this area strongly.
Either way, price actions suggests that Bulls will break this area sooner or later.
So, the best way to trade USD/CAD is to start buying the dips with small position sizes.