December Canada dollar futures (D6Z25) show a selling opportunity due to price weakness. Prices are in a downtrend and hit a 2.5-month low. U.S. economy is healthy, Canada’s facing declining labor productivity and high housing costs. A move below chart support at .7289 would be a selling opportunity with a downside objective of .7125.

It is important to note that trading commodity futures and options is volatile and risky. Before investing, consider your financial experience and resources. Understand the risks and obligations involved. Author Jim Wyckoff does not hold positions in mentioned securities. Information is for informational purposes only. Source: Barchart.com.

Read more at Yahoo Finance: The Bears Are in Control With the Canadian Dollar. Heres What to Watch Before You Sell.