USDCAD SHORT for the week 29/6/2015.

The currency pair has just ended its 2nd corrective wave on the 4hr chart at the 61.8% retracement level of the original corrective wave. With that in mind, it will be trading down on its 3rd and final corrective wave for this week. We can expect to take profit for this trade at around the price of 1.2140.