Despite a strong jobs number on Friday the USD wasn't able to move higher huge.
The Trade Idea:
Usd/Cad Put Entry price: $1.09800 then $1.09550 then $1.09400 Target price: $1.09200 Stop level (don't want to see price higher than): $1.09900
Why I like Usd/Cad Put here:
1) Weakness after break down of $1.10160 with further powerfull move means that sellers are strong. 2) Bear flag in lower half of that potent move means controlled pullback. 3) strong resistance with well defined prices.