CAD demand notable since yesterday's more positive NAFTA tones 21 March
Failure to breach 1.3100 with any conviction also helping to bring back a few sellers who's been burnt a little lately. Oil price rallies also lending a hand.
European trading session has seen a rally from 1.3020 but failing into 1.3060 as oil rallied further and that again was a good enough trigger along with general USD selling to push the pair lower down to 1.3003.
Currently 1.3013, there's decent demand/support at 1.3000 with more behind at 1.2980 thenm larger into that significant 1.2960 area.
Offers/res building around 1.3040, then 1.3060 still and 1.3080-00.
Buy low, sell high.Take your pick.
USDCAD
WTI
