USD/CAD: Bulls charging higher into 1.0658


EUR/USD Bearish decline resumes into 1.3146. EUR/USD’s decline is resuming into 1.3146 (Oct swing low). The bearish impulsive move is extending from key overhead resistance (primarily a 2 year trend and its long-term 200-day average). Bearish sentiment is also anchored by heightened contagion fears driven from the greater European sovereign debt risk. A sustained close beneath 1.3146 (Oct swing low) will re-establish the larger downtrend from April and target 1.3000 (psychological level), then

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