USD/CAD sellers had an open door to prod a pullback final week however not solely did they fail to run with a check under the 1.4000 huge determine, they had been shortly trampled over by patrons pushing value again as much as 1.4100. For the previous two days, nevertheless, there’s been stalling within the earlier excessive and this urges warning for bullish continuation methods for now. From a structural standpoint, USD/CAD nonetheless appears to be like like one of many extra engaging main pairs for USD-strength situations. The truth that USD/CAD stays so close to recently-established seven-month-highs because the US Greenback stalls round five-month highs illustrates … (full story)
