Update

Overnight USDCAD did a head fake pop above my buy level at 1.0214 only to fall back to 1.0172. While current retrace from 1.0214 looks corrective I do prefer breakout trades to show profit straight away instead of lingering. I would therefore reduce the original position to 1/4 and move my stop loss to 1.0095. I would also reenter long if USDCAD reaches 1.0226.