USDCAD in the area of option hedges
The price has entered the area of option hedges and margins at 1.3460.
However, given the strongly growing cumulative delta, there are concerns
whether it can go up without updating the low near 1.3440.
I think it will be pulled down first, ideally to knock out stops, capture liquidity,
show a culmination and then go into corrective growth. The nearest target is around 1.36