The run back from Friday's 1.4105 high closed below the 10DMA Tues

The 50% Fibo retrace level, 1.3961, off the 1.3817-1.4105 climb removed

Mild corrective action Wed into bearish resumption Thurs

Our 1.4094 short play in the money and stop now locks in profit

Early days but there could be potential for a daily head and shoulders

Initial res. at the 10DMA, 1.3983

USD/CAD Trading Page TGM2345

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