Looking at USDCAD. We've tested our 61.8% retracement level on higher TF. Now looking for a reentry on this pair. I'd like to see a rejection of our 61.8% on 4H chart. Also the neckline of this new downtrend. Will look for a candlestick pattern and get in for the ride down to our overall target of 1.31100.
Trade closed: target reached