A solid day at the office so far for the USDCAD pair 6 Jan
A combination of firmer USD and oil prices retreating from their highs has seen USDCAD post 1.3270 after a little dip to 1.3240
Offers/res lurking at 1.3280 but if breached then large option expiry interest at 1.3300 could well be targeted.
Currently 1.3263 here's the full order board presently:
Offers: 1.3280 1.3300 1.3330 1.3360 1.3380 1.3400 1.3450
Bids: 1.3220 1.3200 1.3200 1.3175 1.3150 1.3100
In addition to NFPs we also have Canadian jobs data at 13.30 GMT with Ivey at 15.00 to do battle with the more important US factory orders at 15.00 GMT
I'm heading away now do I'll wish you good trading and a peaceful week-end.
Thanks for your input as always and generally supportive comments re our new venture.
