USDCAD may have some room to fill to the upside.

Arkady Yakhnis By

USDCAD: I do not see sustained impulsive price action to the downside - therefore until 1.3268 region is broken down an extended target at 1.35 becomes quite attainable.

A move over 1.35 would seriously endanger  short positions; I will have the reason to resurrect the bullish Alternate 2D count (with regard to possible alternatives).
 
CAD= - Alternate 2D - Sep-29 1150 AM (1 day)
CAD= - Alternate 2D - Sep-29 1150 AM (1 day)
CAD= - Primary Micro - Sep-29 1148 AM (1 hour)
CAD= - Primary Micro - Sep-29 1148 AM (1 hour)
CAD= - Primary D - Sep-29 1147 AM (1 day)
CAD= - Primary D - Sep-29 1147 AM (1 day)
Arkady Yakhnis provides extensive coverage on precious metals, energy, and forex at ElliottWaveTrader.

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