USD/CAD reversing nicely, remain bearish

The price has started to reverse nicely from our selling area. We remain bearish below major resistance at 1.2654 (61.8% Fibonacci retracement, 61.8% Fibonacci extension, Impulsive Elliott wave structure, horizontal overlap resistance, shooting star reversal) and a strong reaction could occur at this level to push the price down towards 1.2270 support (Fibonacci extension, horizontal […]