Price should drop all the way to the Fibonacci extension level that coincides with Fibonacci retracement level and outer Bollinger & Hurst channel bands. We should watch for reactions at the marked Fib areas. From AUDCAD and NZDCAD analysis, we can conculde that CAD is getting stronger (short XXXCAD pairs, go long on CADXXX) while AUD and NZD are weakining (short NZDXXX and AUDXXX pairs, go long on XXXNZD and XXXAUD) as markets are very much correlated.