RKchartest

USDCAD Reaching next swing level

FX:USDCAD   U.S. Dollar / Canadian Dollar
I believe the USDCAD is reaching the next swing level. With pivot points lining up and an approaching AB=CD formation coming to an end on an harmonic level, the pair needs to watched closer for a swing entry. Stochastic are starting to top the 21 and faster speeds. These are all starting to signal a good entry location.

The arrow is just the location where allot of signals are lining up and may not be the exact location the pair turns.
The 1.2655 is a strong level and will offer strong support for bulls and the pair to head higher. With that in mind, profit targets for my self will be quicker in this environment.

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