Canadian Dollar Technical Outlook

Published February 25th, 2009 - 08:44 GMT
Al Bawaba
Al Bawaba


As I’ve favored the last few weeks, the triangle that has been underway since October is probably complete at 1.2020.  The breakout scenario is favored as long as price is above 1.2278.  Coming under there would require a reassessment of the short term pattern.