BLUE43

USDCAD bigger view - long here

FX:USDCAD   U.S. Dollar/Canadian Dollar
165 0 26
Like you see the retracement done before doenst touch the 0.382 level that mean a strong move on downside
There is no doubt that we can have a consolidation level here cause the 1.618 and the 0.618 of last move of may (yellow lines) so i will watch this closely but dont enter any trade on that pair for now
If ti bounce you can founce an entry but in case of more down you will have to support 200 pips down to see some reverse
Trade your plan

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https://www.youtube.com/watch?v=VLO4IeRb-lA&list=RDVLO4IeRb-lA#t=294

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