Just before I signed off yesterday I highlighted the strong demand on these pairs at 1.0885 and 0.9035 respectively and that support is still intact despite a couple of efforts to shake them down
USDCAD lows of 1.0886 and USDCHF 0.9035 ( since my post after failing at 0.9065) prove the point but both pairs have sellers in the rallies and we remain range-bound presenting good opportunity both sides of the price still
Expect more USDCAD sellers into 1.0915-25 as we’ve seen since the low was posted with Canadian jobs data re-statement today in focus, while USDCHF has sellers into 0.9085 and of course stronger offers above 0.9100
Currently 1.0893 and 0.9063
