Scott Barkley
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Scott Barkley in Proact Traders,

$USDCAD- continuation trade?

Currently we are at 1.3160.  Dollar Strength and oil negative so we are looking to continue to the 0.618 Fibo resistance area @ 1.3254 with an overall target @ 1.3343. The average daily true range (ATR) for the pair currently is 94 pips.