Pullback before going higher again

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Jun 1, 2015 3:04 AM

Two pin bars indicate near term bearish pressures likely. A retest of the support zone 1.2350-1.2300 is possible, but will look for the bullish wave to resume from there. Targets at 1.2650 and 1.2820. Stop could be placed below 1.2160.