Since yesterday's video we have now seen a bullish engulfing candle to complete a Moring Star Reversal above the 1.08 support zone. This increases the odds of a higher low to form at 1.082 (Friday's Spinning Top) and for an upside break to confirm the Bullish Wedge Pattern. However there are 3 more trading days in the week which finishes with Nonfarm Payroll and Canadian employment figures, which makes me suspect we'll see limited moves from USDCAD before Friday. For the bullish bias to come into play we would require positive employment figures from US and negative from Canada. The fact these figures are released ... (full story)