USD/CAD decreased again in the last hours and erased the early morning gains, could come back down to retest the 1.2460 static support. I’ve drawn an ascending pitchfork hoping that I’ll catch another leg higher. Price has come down and retested the lower median line (LML) and closed much above it, signaling a rebound. Only a valid breakdown below the LML will confirma further drop in the upcoming period.
