21.07.2010 - Eur/Cad daily - looks like inverted H & S neckline been retest . This projection is 1000 pips from the neckline.Again, On the upside, the currency pair should falter well below 1.44-1.46 regions (FE 1.618 a=c area) should remain intact, bring wave v of 3 later.

On the lower TF , we see the price is downs...ide with low volume indicated 'test' bar. As long as this neckline holds or we get low volume testing just under it i expect market will go upside later. .. Just my humble opinion... good luck...