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EURCHF hits lowest level since March


Repo Reference Rates


BLOCK, More Short End Sales


(U2) Downtrend Extends

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USDCAD broke above down trendline resistance from the Dec 6 high yesterday
bringing the 1.3445 level into focus. Above here would bring the bull flag back
in play targeting 1.3500 ahead of the June 2 2017 high at 1.3547. For bears to
regain control, a downside break of channel base support & the 21-dma at
1.3345/13 is required, shifting momentum to the Nov 16 low at 1.3127, ahead of
the 100-dma at 1.3106/02.

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