USDCAD above old ceiling but stalls at retracement target - ConsultFX

USDCAD above old ceiling but stalls at retracement target

Watching the 1.3217-22 area for support now The USDCAD continued the run higher (started at the Monday lows yesterday - see blue circle 6).  The move yesterday stalled at a ceiling area in the 1.3217-22 area and moved lower.   Today, that ceiling was broken. The price moved higher and reached the 61.8% of the move down