Forex: USD/CAD Technical Analysis – Working to Hold 1.09 Mark
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- Prices moved higher as expected, completing a Triangle chart formation
- Closing above 1.0930 (61.8% Fib exp.) exposes 1.1011 (76.4% Fib exp.)
- Reversing back below 1.0865 (50% Fib exp.) eyes 1.0799 (38.2% Fib exp.)
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Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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