A very impulsive reaction from that particular zone on the USDCAD. Although I shouldn't be surprised with the prospective dollar gains vs the falling price of oil dragging the CAD along...The previous impulse looked like it sparked a trend, and that particular zone would the lie in the first swing low( a very popular area for buyers). Confluence after Confluence.area is the 61.8% on fibbs...when technicals and fundamentals agree...you know 🤣
Beyond Technical AnalysisFundamental AnalysisTrend Analysis

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