USDCAD climbed much higher than I expected, so I switched to my most conservative measure for validating possible reversals, according to which the pair still has yet to show any inclination whatsoever to turn south (as of Friday's close).
I agreed with most of what Nick had to say in this video. However, there's no way I see EURUSD dropping much lower than 1.1875. And in fact, I'll be looking for the pair to bounce off support somewhere around 1.1970.