Falls below yesterday's low too
The USDCAD is trying to make a break for it.
- Break below the low from earlier today at 1.3355
- Break below the low from yesterday at at 1.3353
- Break below trend line at 1.3354
- Break below 200 hour MA at 1.3354.
- Break below the 38.2% at 1.33562
Oil prices are up about $1.00 and trading near highs for the day (at $49.34 now/high $49.40).
Targets are the 50% at 1.3338 and the low from Monday at 1.3320. That also corresponds with the 61.8% retracement.