[B]Commentary[/B]: The USDCAD broke below 1.0400, proving us wrong in the process. One more low, below 1.0339, may be in ordet before the USDCAD makes another attempt at a reveral.
We say that because the rally from the low is corrective so far and could be a 4th wave. Once we see a clear 5 wave rally, we will look to get bullish.
[B]Strategy[/B]: Flat