Finally! USDCAD confirms above pivot level we have been eyeing since September. What does this mean for Invest Divas who are looking for long/ medium/ short-term trading opportunities? Let's take an IDDA approach to find out. Medium Time Frame After confirming above the Ichimoku cloud in September, the USD/CAD pair ranged for over a month between the cloud and our pivot of 1.3250. This pivot is especially important because it also falls on the 38% Fibonacci retracement as well as a previous resistance. So as you may have guessed, this confirmation is a BIG deal for USD/CAD. USDCAD Confirms Above Pivot - Daily Chart ... (full story)