Forex: USD/CAD Technical Analysis – Resistance Sub-1.10 in Focus
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- Prices moved higher as expected, completing a Triangle chart formation
- A break above 1.0986 (123.6% Fib exp.) exposes 1.1033 (138.2% Fib exp.)
- Reversing below support at 1.0910 (100% Fib exp.) eyes 1.0834 (76.4% 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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