Cad spiked up and is selling off again, If the market sells off..CAD spikes up..If the market recovers and gets into a buying mode again today....CAD sells off,CAD shot up to 1.2880 and then sold off to 1.2800,selling off now ,same as yesterday..If USD/CAD can break support at 1.2765 we get a big leg down, But we need the markets help here, Best way to play this trade is to be flexible in your bias and sell or buy it as the market directs you..

In this volatile market Capital Preservation is Key.. So trade with a 20 /40 bias. Dont risk over 20 pips for a 40 pip gain and you only have to be right 33% of the time to be a winner in this market.