Like many forex pairs currently, the 'bigger picture' charts show some compelling patterns. Sadly, most are not playing out at this time as prices simply grind and chop. USD/CAD is a case in point.
Timing the end of Wave B has been extremely hard, but with prices now coming into typical Fibonacci resistance at 1.1066 and DXC beginning to look a little heavy, perhaps a break lower is in the cards.
Downside target seen initially towards 1.0900 but we need to see a convincing break lower first.
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