Watching a bat pattern
on the hourly chart with prior resistance in this price range, RSI
touching oversold and coming back up, stochastic
showing bullish divergence
, and medium impact cad news coming out at 8:30am est.. Target is at 38.2% retrace, and stop loss is below the x-point or .0025 below planned entry point of .8718 = SL .8693. This pattern could play out quickly. I'm not in this trade yet...