USD/CAD Daily: I still prefer the double zigzag pattern pushing toward 1.3600-1.3800 level. Interestingly, CAD has been relatively strong compared to most other commodity currencies which have put in fresh swing lows against the US dollar…catch-up time?  Note the overlay of AUD/USD price inverted to better see the correlation.  USD/CAD swing high comes in at 1.3383, which is another 250 pips away. 

081518 cad daily.png

 

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