USDCAD pullback to key support

18 thg 11

Intraday Update: The USDCAD has worked off overbought intraday RSI's and is now mid range. The pair has also found support at the 38% retracement at 1.3999 (today's low at 1.4004. Further support is 1.3979 and back above 1.4050 may suggest the near term pullback is over. Most retail platforms are reporting nearly 90% (or more in some cases) are next short USDCAD.