With the recent breakout of $CAD’s wedge pattern it looks like it’s headed to $1.01 and maybe beyond. I like to take one resistance area at a time so we’ll see how it behaves there, but when you look at the USD below there does seem to be a lot of room to fall as I don’t see a clear level of support until we get to the $77 level. I’m not saying we’re going to go that far, but that it’s a possibility.

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