If you short now at market price apply an 80 pip SL
Set TP >= 80 pips but consider a deeper TP
Trail your stop but at a reasonable distance.
USD - weak flow of recent data but alot of other things going on
CAD - keep in tune with the oil situation (gains in oil translates into a stronger CAD)
Not a bad place for a short but not without some risk, chart structure wise the trade could be at a better location.
If you trade it look to reduce your overall lot size ... choice is yours to make of course.
You might like to wait for the completion of the current candle (D1) but again its your choice to make.
Good trading,
Masterrmind...........
Master your Mind then Master your Trades