docholliday

USDCAD - stay in channel or drop to complete flat

FX:USDCAD   U.S. Dollar/Canadian Dollar
65 2 7
USD CAD is correcting the daily down impulse and is in a 240 downward channel - it will either make another move up or may break and head to break the blue line to complete flat..
Market looks to be heading to complete flat.. may have a short sell down here then look for buy..
snapshot

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Here is the 240 view to better see corrective structure and possible flat formation for an ABC correction of the daily impulse to downside..
snapshot
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