The CAD has been weakening quite a bit. I like the level seen here for NZDCAD as it is 2 weekly highs next to each other. The crab pattern helps as well.
Similar pattern in the USDCAD as well, but I rather choose this due to structure.
Similar pattern in the USDCAD as well, but I rather choose this due to structure.
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This pattern is no longer valid but there is a bearish butterfly at 0.889 level. Just shy of the 0.89 level.
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Still moving upwards and there is no weakening in RSI and HSI. Still on the watch list.