USDCAD bounced ~~35pips higher after the Canadian GDP release and probably will consolidate until the end of the day/week. However, next week I'll be watching this one as I suspect we might have a triangle there in terms of EW. I know it is far fetched right now but the overall structure seems corrective to me and hence I would like to see a triangle to finish the whole corrective cycle.
Time will tell if this idea proves to be right.
Time will tell if this idea proves to be right.
