USDCAD is definitely still on its way down still despite the news events of the interest rates. Brilliant sell opportunity. Its shot up due to that purely and had retraced right into the Holy grail of the .618 fib. This doesn't mean that it can't still reach the .786 fib but, in conjunction with the downward CTL, and the monthly resistance, of 1.28000 lining up perfectly with the .618, this pair is going to continue to melt! **************************************************************************************************************************************************************************************************************************************************
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