USD/CAD near-term targets

٢٧ يوليو ٢٠١٧

Based on my previous, long-term chart, I would expect a retracement of the steep drop over the last two months to at least the 33% Fib retracement (~1.2900). However, given the political turmaoil that has driven this drop, I am placing a close MANUAL stop to a close below 1.2300.