KarYong

2017 Week #9 - USDCAD Bearish Bias

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Bearish Bias

As long as price remains below 1.3387 area, we are holding a bearish view.

(1) Price may still retrace higher towards 1.3252 - 1.3310 area before the move lower to complete the C wave.

(2) But it can also start moving lower from here, forming a running flat structure.

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