FX:USDCAD   U.S. Dollar/Canadian Dollar
84 2 1
After data coming from Canada it appear to me clear that usdcad             will probably (99%) break this trend to go to 1.10 and 1.14. well i'm long from the downtrend boundary.
Target hit. nice profit
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I am holding short this pair right now.

Looking at the current retracement of the bull run from 22 Oct 2013 to 20 March 2014, it has just hit support at the 0.618 fib and is bouncing higher.

It previously found support at the 0.382 and 0.500 before heading lower.

I am considering the possibility of a 3-drive and a further continuation lower, hitting the 0.786.

My stop is just above previous support 1.0813, a break above would confirm a possible reversal.
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