FX:USDCAD U.S. Dollar/Canadian Dollar
USDCAD looks like it may be forming up for another push to the downside before we see a major move the upside. I'll have a BL at around 1.2385 with a fairly large SL because I don't believe there will be enough down pressure to push past the 61.8.
***** HOW TO READ THE CHART: The red and blue lines represent clusters of BUY/SELL orders. The thicker the line, the stronger the cluster. Red = SELL, Blue = BUY. Grayed Out = Cluster Hit & Gone.