9-9-2016 3-23-53 AMTrend is bullish in 4 hours time frame. Vital support is present at 1.2763 price level. Price has showed strong signs of a top and it looks a possible bullish Zig Zag pattern. As I am tracking a bullish triangle in higher time frame so, I expect a bearish pull back in the shape of a bearish Zig Zag pattern at Wave (E) location. Wave (E) offers us a possible buy trading chance to join an up trend.

So, traders should only look for a buy trading chance. In case, price moves below 1.2763 key support level then I would prefer to stop myself from trading and re-analyze the price action in USD/CAD currency pair.

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