I expected the bullish trend of the CAD to continue; so, I waited for USDCAD to pull back to the 50Hr EMA, then took a short position. For a good measure, I shorted EURCAD too but they both are duds so far; therefore, I'll close EURCAD but leave USDCAD open.
The short-term target is still 1.2500 for USDCAD, but 1.2300 for the medium-term.
opeola