But, o a clear break I am looking for 1.1170 area to come sooner rather than later and this implies an impulsive move. Price is forming here some sort of a running variation of a contracting triangle and this should be bullish heading forward as it is always being followed by a strong continuation move.

Retail Sales in Canada about to be released but I would say fundamentals are not going to play an important role here as the pair is bullish on technical grounds. Bigger time frames suggest even higher values to come. It remains to be seen.
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