Canadian Dollar Key technical level

25 Kas 2016

Canadian dollar at a 2 week support level, in terms of shorter term counter trend, this could be a good buy level targeting the 61.8 Fibonacci extension as possible resistance, however looking at the larger trend, if price were to break support- look for a larger continuation to downside.

25 Kas 2016

Not

Inverted cup and handle bearish pattern further confirms short bias