The USD\CAD is performing a retracement after a strong downtrend, in 30-minutes chart. A potential short trade will be triggered after price touches 38.2% level and performs a candlestick reversal.
Source:
http://www.forextradingfibo.com/2009/08/27/usdcad-potential-retracement-trade/
Source:
http://www.forextradingfibo.com/2009/08/27/usdcad-potential-retracement-trade/