After the incredible bullish rally, price is finally retracing, after a move like that I'd expect price to pull back a considerable amount (61.8%) but the 38.2% Fib area is my goal it lines up almost harmoniously with previous strong resistance. Watch out for 1.43541.
Note
I personally don't trade Fundamentals or even take note but, watch out for the CAD CPI coming out, it could cause a lot of noise during this trade.Note
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.