The USD/CAD has pulled back to levels that I typically start looking for entries. “Back testing a broken trend line (blue)” and also testing an “uptrend line (yellow).” also, just around the 1.0600 level we have a 38% retracement. I suspect a bounce in close in this pair.

This is a monthly chart, btw.

Blake Morrow

Chief Currency Strategist, Wizetrade

Disclaimer: I have been slowly building a long position this week.