TipTVFinance

USD/CAD - Cypher pattern worked well

FX_IDC:USDCAD   U.S. Dollar/Canadian Dollar
The hourly chart did show a reversal in the pair from the Leg D (potential reversal zone) following which the prices rallied to 38.2% and 61.8% respectively.

Now we need a convincing break above 61.8% level as that would open doors for 1.3188 levels.

On the contrary, a break below smaller rising trend line (red) would reduce odds of a bullish move.
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