Offers still sitting up at 1.0700 and in greater amounts at 1.0750. Closer to home offerw were filled in at 1.0640/50 and there’s more up at 1.0680.
Bids have been added to at 1.0580 with more building down at 1.0560 then 1.0540.
Spec bids were filled at 1.0561 with more on the cards.
The pair has made a nice turnaround today from those lows at 1.0560 and yesterday Nomura was out with a note to book profits on bets against the Canadian dollar
USD/CAD h4 chart 12 12 2013