FX_IDC:USDCAD US DOLLAR / CANADIAN DOLLAR
USDCAD has shown all week, after this pattern we immediately fell into a potential setup. We seem to have price rejection at the . level, and if we can get price to push anywhere in the .618- .886 area, from our A-B fib ratio, that would confirm our C leg, and give us more confluence if it respects the as well. On the Daily time frame i can see a pattern giving us more confluence for a sell if we see price in our .786 zone.Another confluence would be this most recent push up creating a reversal pattern if we look left at structure.