UsdCad has been extremely Bullish for the entire week and price even surpassed the 1.29750 zone, while price surpassed the 1.29750 zone and rose all the way to the 1.30500 zone, it has also surpassed the x1 Average Daily Range, meaning it is busy creating the Peak Formation High, the ADR for UsdCad is 105 pips and on Friday it was 110 pips, exceeding the ADR. We are now expecting the price to create a Bearish structure whether it be a Head 'n Shoulders or a Multi-Session M which could play out over a few days. Suspect price to create a Lower-High on the 2nd leg on the Multi-M.