USDCAD: Potential correction to 1.39000.U.S. DOLLAR / CANADIAN DOLLARFX_IDC:USDCADInvestingScopeUSDCAD turned neutral on its 1D technical outlook (RSI = 50.281, MACD = 0.006, ADX = 38.459) as the price is posting a strong bearish reversal following Wednesday's HH at the top of the 10 month Channel Up. The prior two bullish waves of this pattern pulled back to the 0.786 Fibonacci retracement level. Expect at least a 1D MA200 test (TP = 1.39000). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##