Looking for USDCAD to retest the previous Head and Shoulders breakout level between 1.3259 to 1.3247. That should run stops that are currently resting at last week's low. After price reclaims 1.3267 or last week's low, the low of the week should be in, and a swing long can be taken to 1.3420.
Yorum:
The breakout levels have been retested and stops have been run. The weekly low should now be in at 1.32422. The highest probability long is over 1.33277.