
The Canadian dollar pair completed the extended shark harmonic pattern after reaching the support levels of 1.3600 and rebounded from them last Friday, especially with the negative Canadian data, which led to the decline of the Canadian currency against most currencies.
After the pair made bearish corrections on Monday, we expect it to rise again towards the levels of 1.3675 and then 1.3730.
This scenario fails if the 1.3585 levels break down.