NicTrades

USDCAD bearish ABCD & 50% retrace

Short
FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
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8
USDCAD has made a bearish ABCD rally from the May lows into the 50% retrace of the entire decline from January at 1.3575.
I think this is a sell on reversal price action and the target is 1.3020

Comments

Just this morning I was looking at the 50% Fib level
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