currently short, if stopped out with SL above .8450, will look at reshort between .8450 and .8600. Monthly trendline support turned resistance + previous weekly/monthly highs + monthly trendline resistance should act as resistance for longterm short setup. Targets would be .76-..66
NZDCAD is setting up to either breakout north, therefor triggering long, and will short highs of .8750, or break down short. Both potential long and short trades are solely defined by a daily trend-line.
With the US debt ceiling and budget debates, room to run north to carve out right shoulder of a 'head and shoulders' pattern.
If USD rally's after the debate is solved without default, should see a test of 1.59-1.57 .. closing previous weekend gaps and finishing H&S pattern. 1.59-57 should happen in Nov-Dec.