It would only be safe to assume that
CGY
it is going to test ~32.40 again at the 0.5 Fibonacci retrace for confirmation. There is some seriously heavy resistance, indicated by the dashed red line at this mark though. If it can hold above for a few bars, I do believe that there is some buyer conviction coming through. but we will see where we end up after today's conference in Ottawa on security and defense.
CGY
it is going to test ~32.40 again at the 0.5 Fibonacci retrace for confirmation. There is some seriously heavy resistance, indicated by the dashed red line at this mark though. If it can hold above for a few bars, I do believe that there is some buyer conviction coming through. but we will see where we end up after today's conference in Ottawa on security and defense.