Art-of-FX
Short

USDCAD Correction in play.

FX:USDCAD   U.S. Dollar / Canadian Dollar
49 0 8
The longer term charts of the usdcad             look corrective to me. I think this will wiggle around and maybe find rejection off one of the fib lines, otherwise I will just sit around and wait till it makes a break of the trend line somewhere before I make my short.
Comment: came right off the trend line, just watching and waiting still
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