Here is a chart on USD/CAD. It is in a definitive downtrend and the pair may be pausing. If you look at the chart you will see that the chart travelled down to the 61.8% Fib retracement. It is now at the 50% retracement. I would suspect it would end up at the 38.2% retracment and then continue its downtrend. Let's wait and see.
Click on the chart to enlarge it.
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