themarketzone
Short

AB=CD pattern triggered - Trend lines changed roles

FX:USDCAD   U.S. Dollar/Canadian Dollar
In this week's newsletters (see link in signature) I mentioned that USDCAD             will be hitting a strong resistance zone near 1.355-1.36.
For now we see that this resistance zone that includes trend lines (resistance) and an AB=CD pattern did create the expected reversal.
Now all that is left to see whether or not it'll hit the target zones - 1.34 and 1.33

Comment: Re-testing the PRZ
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