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JohnFortune

UsdCad - Strong Cad Data Points To Further Declines

Short
U.S. Dollar / Canadian Dollar (FX_IDC:USDCAD)  
JohnFortune  
FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Wave Analysis USDCAD USD CAD Forex dollarcad CADUSD forexsignals Technical Analysis technical_analysis
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trendanalysis chartpattern waveanalysis usdcad usd cad forex dollarcad cadusd forexsignals technicalanalysis technical_analysis
With strong economic data coming out of Canada last Friday and a weak USD, further declines are expected. A pullback and re-test of broken support, turning resistance, at 1.27730 will provide a great place to look for Shorts down towards the targets of 1.26382 and 1.25675 respectively.
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