Declining Oil Prices are not letting CAD to be stronger.
When we look at Cadjpy , picture comes out as :
CADJPY Daily Chart :
During last 3 dayS FIBO retracement 61.8 @81.20 was a strong support for CADJPY.
Below this level FIBO Expansion Line at 80.50 is the stronger support.
This post first appeared on Trading Blogs And Financial Markets Analysis, please read the originial post: here
