Scott Barkley
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Scott Barkley in Proact Traders,

$USDCAD- Triangle Break?

Currently we are 1.3069 in a triangle.  IF we break down we are looking for a continuation to the 1.270 Fibo @ 1.2953 and maybe a continuation to 1.618 Fibo @ 1.2889.  The average daily true range (ATR) for the pair currently is 105 pips.