BRAAAP

With current momentum It looks like USD/CAD is heading to the next channel up targeting 1.2925-1.3000 data depending.

These are some levels I will be watching on the way up to 1.3-1.31. A break of the trendline will invalidate my long bias.

After finding neckline support AUD/USD has made repeat higher lows, may be the making of an ascending triangle? Long TP .775 SL .7619 Trade at your own risk!

USD/CAD is making a nice ascending triangle. TP 1.3 SL 1.285

Possible intraday long trade.

1.27?

Watching for a retracement to the 38.2%-50% region of the extension from 1.206 to 1.259.

Will this last retracement be the catalyst for a 100-200 pip decline? Or will Draghi & Theresa May's speech push the Euro Higher? Trade with due diligence.

USD/CAD looks primed to follow an equal distance abc pattern if the trendline coming from 2012 does not hold

Will be watching for USD/CAD to have a drop equivalent in size to the broken descending triangle. This week's interest rate decision could push this towards the highlighted range, along with any other potential dollar dumps. Trade with caution

After AUD/USD was supported by the trend line and the 200 day moving average on the 4H time frame I can see a rise to .81-.82 as a strong possibility. A break of this trend line will invalidate the long bias as well as any push from the RBA due to the AUD creating economic headwinds.