Scott Barkley
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Scott Barkley in Proact Traders,

$USDCAD- channel break?

Currently we are 1.2008 in a nice range and in a breakout of the channel to the upside.  We are looking for continuation to the 0.214 Fibo @ 1.2769 with a further target down to the Range bottom @ 1.2660.  The average daily true range (ATR) for the pair currently is 116 pips.