A Blog of Commentary and Ideas from an FXstreet Premium Member by 
Hello Again!
Even though we “traditionally” see U.S. Data Points have more of a marked impact on the EUR/USD Unit… we will stay with our Dollar Canadian for one more Update.
USD/CAD did, indeed, breakthrough both our little “minor” Trendline Resistance and the larger Weekly Triangle Resistance.
What we certainly may see here is a “Double Top” Formation on the Hourly if we can make it with confidence to the next Major Resistance Area of the 1.2670’s.
With our March Contract for Crude Oil expiring today… we appear to have used the “positive” CPI Data as a catalyst to fall back into our $37.50 Area… and we may simply see muted activity for the remainder of the Session as we hover around this level.
Give the Captures a Click, and Post-Time is 15:15 GMT.
Back on Sunday with you (for me what will be) the Sydney Open… and everyone have a fine weekend!
