simonsays452
Long

62% Retracement met. Watch for potential reversal higher.

FX:USDCAD   U.S. Dollar / Canadian Dollar
65 0 0
The 62% retracement was hit. Oil             is still a sell on this technical bounce and I find the Canadian retail sales numbers very troubling for the Canadian consumer. More to come on that. In the meantime, watch for lower oil             and a possible retest of the 62% retracement at 1.4149
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