The USD/CAD is trading at 1.3140 after a volatile daywhich saw USD/CAD trading as high as 1.3220 and as low as 1.3103.From a Daily Pivot point perspective, the USD/CAD opened on Thursday at 5pm at 1.3192, traded up towards the daily pivot, traded down to almost S2 on Friday after several news releases, to end the day back at S1. In the hourly chart above, last week’s analysis talked about a potential peak on October 7thbut it took all week long for price to come down and then retest the October 7thhigh in a classic double top, which is also an Elliott Wave flat pattern. This occurred yesterday, on October 13thand was followed by a test and break of the upward sloping trend line to play out wave c of this flat formation, in a nice 200 pip move for c.