USDCAD moves to new session lows on NAFTA talks but stalls at support on the first look.

The 1.3038 needs to be broken. Then 200 and 100 hour MAs

The headlines on NAFTA, sent the USDCAD to new session lows, but the pair has stalled on the first look at a key swing level from the hourly chart. That level comes in at 1.30388. There are a number of swing lows and highs going back to July 27 at that level.

On a move below, the pair will next target the 200 and 100 hour MA (green and blue lines) at 1.3024 and 1.3018 respectively.

SEE earlier post on the pair HERE: "{The USDCAD spikes higher and races back lower"