March Canada dollar futures a selling opportunity on more price weakness. See on the daily bar chart for March Canada dollar futures that prices are in a solid downtrend and have recently hit a contract low. The bears are still in firm technical control and the recent choppy, sideways trading, or pause, is not bullish. A move below chart support at the contract low of .8547 would become a selling opportunity. The downside price objective would be .8250, or below. Technical resistance, for which to place a protective buy stop just above, is located at .8700.
