whats really going on with USDCAD and whats next

FX:USDCAD   U.S. Dollar/Canadian Dollar
45 0 8
Price just came back to its median fair value so current price action is really interesting. Price is getting close to reach a good target.

Just following up on this chart seeing this do not tempt me to go long. At this stage on this timeframe I will await the pullback and most likely trade that instead. There is still some fuel left in the tank tho so be careful jumping in going short just yet.

I will need to see a few more candles and follow up on this chart in order to see if price will head for its higher or lower fair value over all.

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