USDCAD Reversal
Updated
USDCAD is dancing around nicely now on the 0.5 fib from the Sep-Oct up move. A reversal here would follow the pattern of the 0.5 reversal from the down move in May-Sep. This presents a nice long opportunity up to the May-Dec high line at 1.28.
Note
After dropping to the 0.618 fib it has provided another buying opportunity to 1.26 and beyond. Long still active unless it breaks below recent low of 1.2360
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