We’ve finally seen a drop through 1.0300 this morning and good-size stops were triggered through 1.0290 as I had posted previously
The follow through has been limited as a new wave of real money bids between 1.0270-80 stem further falls. Expect more stop loss selling below if these are soaked up
Currently 1.0284 from 1.0282 low post
More bids at 1.0250 just ahead of the july 31 low of 1.0245
Sellers 1.0300 1.0325 1.0335 1.0350 ( option expiry related) 1.0400
USDCAD orders 16 September