USDCAD long retracement before further selling off

Expecting a maximum retracement of USDCAD to 1.32162 and then further selling off. This retracement idea is also dependent on time and expected to be in the next 7 trading days for the strategy to be valid.

DISCLAIMER:
This is where I practice ideas and work on my trading techniques. This is not investment advice. Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.