I am bullish on the USD against the CAD in the near term.

However , would like to see price correct to the .786 retracement level of the prior swing ( which could be an impulsive minor 5.1 wave ) .

Entry - between 130.80 and 131.40

Stop - below swing low

Target - 6.18 fib extension to 1.3550

RR = 5
Chart PatternsTrend AnalysisWave Analysis

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