US Dollar / Canadian Dollar 05-18
The rally from 9928 to 10746 is left as a correction but the succeeding decline is also a correction”. Either a triangle or flat appears to be unfolding from the 9928 low. In the case of a triangle, the USDCAD would probably reach 10500-10600. In the case of a flat, the pair would exceed 10750. Short term Fibonacci levels are at 10180 and 10230 and may serve as support.
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