USDCAD to the next trendline

FX:USDCAD   U.S. Dollar / Canadian Dollar
Hi all,

The USDCAD             broke the red trendline earlier this week.
I expect a retracement to this trendline , and then a drop from there. Most likely downwards to the blue trendline , which should be a pretty solid entry.
I have marked the price reversal zone, which has the 61.8 fib, previous resistance and trendline .

Best of luck!

My view on the EUR/AUD and EUR/USD for this week https://youtu.be/hDryiC6wJHg

Interested in learning about harmonic patterns? PM me :)

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