SteynTrade
Long

USDCAD retrace is going to take a little longer

FX:USDCAD   U.S. Dollar/Canadian Dollar
The BC             leg of the larger ABCD correction is probably going to take some time longer to complete. We saw a correction to the 61.8% level of the up move before we reached the confluence of significant levels around 1.335. This week we could see a continuation of the up move. The 'TDI is showing bullish signs and the down move is not supported by volume .
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