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USD/CAD Corrects Lower After Outperforming Across Europe Hours

CAD

Correction lower in USD/CAD through NY hours is infitting with the pair's bearish trend outlook, after price cleared the bear trigger at 1.3480, the Dec 4 low. Today's price action maintains the price sequence of lower lows to open 1.3093, the Jul 14 low and a key support.

MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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