We have weekly support at play here historically price jumps off that line. We also have a falling open wedge which is generally a bullish signal for price to go back up. I do believe it will end up going to the spot where the arrow is..
price is respecting the 200ema and appears to be going down. I expect there to be a retracement to the 38.2 fib line as there is a shooting star. If the 38.2 line holds then There will be a opportunity to go long
looks like usd cad wants us to buy its soul lol..
alright in all seriousness looks like its rebounding off the 38.2 line which should see a possible rise to 1.13833 if it passes that it should continue to 1.14637 area or below before coming back down.