USD/CAD Short Setup

USD/CAD Daily: Note the 78.6% retracement resistance at the latest swing high 1.3260; looking for this to cap for a push lower (see 240-min view posted next)…

111918 cad daily.png

USD/CAD 240-min View: Looking at the swing high to 1.3208 as a completed B-Wave, which retraced 56.2% of Wave-A. Expecting equality push toward 1.3063 minimum target.

111918 cad 240.png