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CAD improved across the board overnight.......>

FOREX: CAD improved across the board overnight following the tri-lateral trade
agreement between the US, Canada & Mexico which is now set to be signed off at
the end of November. CADJPY spiked to extended react highs of Y88.93 before
stalling ahead of option-related resistance at Y89.00. The level also holds
76.4% retracement of 2018 range at Y91.58-80.54. Bulls target a break above here
to challenge the Feb2 high at Y89.43 ahead of the psychological Y90.00 area.
Having breached channel base support on Friday (C$1.5141) EURCAD extends its
corrective pullback to C$1.4861. The Aug15 low provides next support at
C$1.4799. USDCAD comfortably holds below the 200-dma ($1.2869) targeting channel
base support at $1.2792.  

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