This pair looks like it’s heading back down again. The 4HR chart is showing signs of overbought, ADX having touched 68 and on the way down, the stochastic oscillator crossing over to downside momentum, together with price action far away from Icimoku cloud, all lead to think of a possible appreciation of CAD. Looking at the weekly chart the Fibonacci retracement lines show price nearly retraced to its second line at 38.2% bounced back up and is finding resistance on the first retracement line of 23.6%. I expect price to start going back down again over the next weeks, testing the second line and maybe reaching the 50% retracement line.

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