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FxWirePro
Nov 4, 2015 12:10 PM

Loonie breaks minor trend line support , targets 1.2960 Short

U.S. Dollar/Canadian DollarFXCM

Description

USD/CAD has broken minor support 1.30525, confirms minor weakness , a decline till 1.3000/1.2960 is possible .

Intraday resistance is around 1.3087 and break above targets 1.3140/1.3165.

It is good to sell on rallies around 1.3050-55 with SL around 1.3100 for the TP of 1.3000/1.2960
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