After the incredible bullish rally, price is finally retracing, after a move like that I'd expect price to pull back a considerable amount (61.8%) but the 38.2% Fib area is my goal it lines up almost harmoniously with previous strong resistance. Watch out for 1.43541.
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I personally don't trade Fundamentals or even take note but, watch out for the CAD CPI coming out, it could cause a lot of noise during this trade.
Comment:
Failed to pass 23.6% Fib
