After the news of the
Canadian inflation and retail sales and given the Canadian four-hour
chart we find that the price entered the Fibonacci Cluster area where
the second candle and the third of today's candles could not close the
highest level of 23.6% of the Fibonacci fan between the bottom of 0.7727
and the peak of 0.7875 and also not Could close
the 100% Fibonacci channel extending between the low of 0.7759 and the
bottom of 0.7764 and the Fibonacci level of the Clester is expected to
counter the price and fall
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