Short USD/CAD by Pinggwyn

Long or Short: Short
Entry Point: 1.0330
Stop Loss: 1.0370
Profit Target/s: 1.0250
Reward-to-risk Ratio: at least 2:1
Risk percentage: 1%

Trade Rationale:
Technical - Possible resistance at the top of a rising channel

Fundamental - Risk appetite due to surprisingly strong Canadian employment data

Trade Adjustments:
I’ll move my stop to BE if my trade gets ahead by 100 pips. Also thinking of adding to my position.