USDCAD Double Zigzag Complete?
240 Minute Bars
Prepared by Jamie Saettele, CMT
The USDCAD has reversed sharply from channel support and a complex double zigzag correction may be complete at 10065. The confluence of channel support and equality of the zigzags (equality was at 10079) makes a strong bullish case. Longs are favored on a dip below 10150.
LEVELS: 10065 10100 10150 10200 10250 10275