Another soggy session for this pair 5 Dec
Everyone loves the loonie again since Friday's data with BOC rate hikes once again on the lips of the chattering classes and tempering lower oil price impact since.
Now we've broken down through decent demand/support at 1.2650 and posting 1.2637. Some bids at 1.2630 with larger into 1.2600 but offers will build between 1.2650-60 now as a pivotal point on any rally. More behind that back between 80-00