7pasos

3 Fibo objectives for USDCAD rally

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
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Using fibo techniques we can consider 3 different simple price objectives for this rally.
As always remember that a fibo objective is just a guide not a rule so the most important will be
follow the pattern to show us when will be more wise to expect the turn to a down movement.

Comments

The continuation to the downside talks of an scenary where we could hav an extended iii and where we are starting the upside 3)) micro of iii minute. Today I published a followup of this pair.
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