USD/CAD has been in its descending channel making lower lows, and lower highs, along with a key level of resistance being tested as a triple top, and a textbook ABCD extension pattern we are expecting lower lows to be written. Fibonacci 61.8% support break will trigger my shorts. Target is 1.2830 which for me is the last support before a big bearish downside move to 1.1200.
Comment:
I meant 1.2000