Off the beaten path, EurCad still remains a valid short opportunity after yesterday's bearish close in line with the overall trend.
Ahead of NFP tomorrow there might not be much movement but Cad strength has been a theme all week, and the Loonie has been unperturbed by neither the Oil retreat or IVEY PMI.
Selling at market near 1.4500 is good value for a test at previous lows initially.
Ahead of NFP tomorrow there might not be much movement but Cad strength has been a theme all week, and the Loonie has been unperturbed by neither the Oil retreat or IVEY PMI.
Selling at market near 1.4500 is good value for a test at previous lows initially.