We’re through the short term channel and into support from the old July 2009 resistance line

USD/CAD H4 chart 21 11 2014

USD/CAD H4 chart 21 11 2014

Adam’s highlighted the 55 dma and the next major support after is around the 38.2 fib of the June swing up at 1.1142.

USD/CAD daily chart 21 11 2014

USD/CAD daily chart 21 11 2014

I’ve told Adam I’m calling Poloz “Polox” from now on.

Poloz inflation

Polox on CPI

Temporary” my arse