Price is pointing to an upward move to the 1.34 area. It first has to break out of the HTF
correction. That train may have already left the station but I am looking for an A-B-C move down into my PRZ followed by the start of the rise. Watch for a bounce off the daily pattern line. If it starts a steep pull back I would suggest taking profit and re-entering after the pull back. If price breaks the pattern line and gives a kinder gentler pullback we can add to our position.
is looking weak on global uncertainty which should also weaken the CAD.