danielperezfx
Short

USDCAD Weekly Anticipation

FX:USDCAD   U.S. Dollar / Canadian Dollar
39 0 1
There's an overall trend on the weekly that was bearish but it was broken and reversed which comes to the latest trend line I have. It reaches an incredible high point (not the highest ever) and immediately drops after the first touch. It breaks the trend line and wicks it then continues dropping. When using the fib retracement, that small wick on the trend line that you can say is a re-test was also a retracement to the 61.8. If you take the distance of the first drop and apply it to the current area, it's predicted that it could hit the 127 level of the fib extension
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