September 30, 2022 19:16 GMT
- USDCAD extends to a new session high of 1.3819, moving closer to resistance at the Wed high of 1.3833, +1.0% but with CAD still outperforming other commodity exporting majors.
- If it was to see a break higher it could open 1.3896 (3.00 proj of the Aug 25 – Sep 7 – 13 price swing), with possibly a better idea of levels come Monday with the local FI markets open again after the National Day for Truth & Reconciliation.
- Upcoming triggers: Monday PMIs and
particularly US ISM after any weekend geopol developments.