OANDA:USDCAD   U.S. Dollar / Canadian Dollar
If you consider UCAD to have made a leading diagonal (I do) then it just came of exactly the 27% extension of an expanded flat correction. In that case, we do not need to break the high and it can go all the way down to break the trend line from right here. The price action channel going up is very corrective and needs to at least correct itself at some point, but I think it is dropping. Everyone is looking left expecting it to make a triple combo just like the last big correction. Considering alteration of patterns I don't think it will repeat that.....

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