USDCAD is now presenting us with yet another beautiful work of art pointing to the downside. The news about the interest rate hike from the BOC short the usdcad up.. right into the holy grail of the 618 fib, and the 1.28000 monthly resistance. It may go higher but it won't go higher than 1.28666.. or 1.29 on the safe side. Either way this pair is going to continue to melt for us! Time to steal this money from the market guys!!
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