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The Loonie Could Be Looking At A Bearish Phase Once Again

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 16, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
    Likes Received:
    As US sentiment retreats following the Fed’s decision to back-track on its recent talk which hinted at a June rate hike, the Loonie could be setting up for a sizable slip. Specifically, a potent combination of technical indicators is providing some strong signals that last year’s lows could be tested[​IMG]

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