I agree and am a trend trader myself.
I'll go with the 200 daily simple moving average around 1130-1135.
I think the first target is the 200 daily simple moving average. Its at 1.32 and climbing now.
I think usd/cad is a short as well, I would put a stop at the recent sideways highs though for the short term, just in case. I normally trade GBP/JPY but USD/CAD is a pair that trends very well so sometimes I trade it as well.
That only sounds relevant for scalping.
I agree.