USD/CAD Technical Analysis 02.20.2013
USD/CAD Technical Analysis- Prices are testing above resistance at 1.0139, the 76.4% Fibonacci expansion. A break higher exposes the 100% Fib at 1.0238. Near-term support is at 1.0076, the 61.8% expansion, and is reinforced by a falling trend line at 1.0082.
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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