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USD/CAD Short Term Outlook

FX:USDCAD   U.S. Dollar/Canadian Dollar
22 0 1
USD/CAD             has broken major short term support 1.11830 ( Oct             22nd low) and is expected to show free fall in the coming days.
On the downside break below 1.1180 will target 1.11350 ( 50% retracement of 1.08858 and 1.13842) and 1.108 ( Oct             9th low).
Minor resistance is around 1.1207 (Kijun-Sen) and break above will target 1.1220/1.1254.
Recommendation: Sell USD/CAD             around 1.11630-40, SL 1.1182, Target 1.1135/1.108.
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