We should know very soon whether or not we are completely wrong in our assessment of the USDCAD.
We’ve been bulls and waiting for a buying opportunity. We were given that opportunity as the USDCAD dropped into support from the 78.6% of .9710-1.0324 at .9841. The pair must remain above .9710 for us to remain bulls.
STRATEGY: Bullish, against .9710, target above 1.0324