Harmonic Formation

This pair has a lot of volatility, main reason why i don't shared this one too much, is it not even convenient for daily swing trade. Just the fundamentals on both currencies give enough reason to be really careful with a trade, the federal bank has stated that the interest rates hikes will increase potentially on a period of six month. On the other hand we are getting close to the NAFTA agreement, now morphed to the USMCA which can result on definitive bullish market for the US Dollar because at the end of the day Mexico and Canada wont be exempt from the trump's tariff.

That being said at this point, looking at the chart we could appreciate a retest on the recently broken trend line, or just the completion from C to D, enter at your own risk, or just keep this possible harmonic formation in mind.