We wrote yesterday that “the minimum expectation is below .9755 and objectives are at .9691 and .9378.” A corrective advance could reach Fibonacci resistance in the .9845-.9898 zone but lower prices lie ahead.
Risk can be moved to .9984.
Visit our recently updated Canadian Dollar Currency Room for specific resources geared towards this currency.
STRATEGY: Bearish, against .9984, target below .9755
