I'm still keeping an eye on the USD/CAD, watching the range that we have going on. A short at the price right now (108.75) sounds ideal, especially with it possibly bouncing off the August 07 spike high of 108.75...but it looks like the pair has broken the 68% fib level from the long term decline and I'm worried about a breakout to the North, above 109.
I'm not seeing much on the EUR/USD or GBP/USD. I see a double bottom coming up on the GBP/USD at 1.75...a break of this low point will obviously lead to lower action. I'll keep watching this...
The EUR/GBP had a break below it's longterm range...I'll also keep this pair on my radar.
