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pete002

USDCAD Daily ABCD Bearish Pattern

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
pete002  
FX:USDCAD   U.S. Dollar / Canadian Dollar
USD (US Dollar)
1
0
usd-us-dollar
As of 20.12. a neat bearish classic ABCD pattern. C @ 0.618 AB, D @ 1.618 BC

D also has confluence with 0.618 level (March 2009 hi - July 2011 lo )

Watch for further bearish pa to follow, suggested tgts 1.1270, 1.1150
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