EUR/CAD - Short

As expected we saw that short term spike (CAD weakness) following from the CAD news. 

We’ve now retested 1.4900 and we anticipate the CAD bulls to step in soon…..

I was looking at selling this pair from here around 1.4900, but climbed higher and are now seeing the rejection of the 78.6% Fibonacci.

Target - 1.4700

Called this EURO weakness back on Sunday :D