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Loonie breaks major resistance around 1.3162, targets 1.323/1.33

Monday, October 26, 2015 2:53 AM UTC

Loonie breaks major resistance 1.3162 and break above confirms major trend reversal , a jump till 1.3233/1.3300 is possible.

On the downside minor weakness can be seen below 1.3100. Any break below 1.3100 will drag the pair further down till 1.304081.3000.
The minor support is around 1.3150.

It is good to buy around 1.31620-650 with SL around 1.3100 for the TP of 1.3230/1.3300

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Loonie breaks major resistance around 1.3162, targets 1.323/1.33

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