FOREXCOM:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD on the H4 for the Intermediate shows a normal structure with an expected move to the upside before we look for a trade to the bottom of the channel. Of course Dixie ( DXY ) is going down, but until it's ready, many will confuse this in evaluating the structures that are current. Looking for a move up in the interm and ultimately down to a bottom. The large future trade will be impulse to the upside after the correction. We'll update the structures and projections as they present themselves. Cheers!