Sometimes it is that accurate. Market wanted to complete the pattern. 127.2 was touched as expected. Price is moving. Lets see how it plays out from here. USDCAD should go down ideally.
23.6 Fib usually does not reject with this strength. Due to DXY strength, the price is back in the zone. I had to cut my losses because of that. If the zone holds, then I will enter again.
NZDUSD is creating a double bottom on monthly timeframe and can also create a double bottom on weekly timeframe. On daily time frame we have divergence. This can give us 3 trade opportunities: Long, Short and Then Long for extended targets
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NZDUSD Divergence Failure Moving Towards Trading Zone Directly. There was no retracement. Divergence is still there but about to break. If it reaches the lower zone, we can plan a long position.