USD/CAD hits the highs of the day
USD/CAD hit some small stops in a quick move to a session high of 1.3355 from 1.3340. Oil has given up its gains and that’s put a bid back in the pair. There isn’t much resistance to halt a climb all the way back to Wednesday’s pre-FOMC levels near 1.3450 but the Fibonnaci levels are in play.
Canadian economic data has been surprisingly good but CAD can’t hold gains
ByAdam Button
Mar 17, 2017