Bids were filled to the lows at 1.1120 but there’s nothing of note from the corps until 1.1100 and 1.1090. There are spec bids ahead though at 1.1120, & 1.1110 before they also join in at 1.1100
Offers have been moved down to 1.1200 (corp), 1.1230, 1.1250 (specs) and there’s stops noted on a break of 1.1260
We’ve been toying with the Jan trendline and we’ve not closed below it yet and doing so would point to a fall back into the 1.10-1.1150 range.
USD/CAD daily chart 26 03 2014
1.1120 has been a support point a week ago and thus it is again today with the 100 h4 ma backing it up at 1.1115. The next major support point is the 1.1060 level which plays host also to the 55 dma.
