Loonie tunes into a decent layer of bids at 1.0985 via ForexLive

What doesn't go up will invariably come down and so it's been for USDCAD as the greenback turns lower this morning

Good offers at 1.1050 that I highlighted yesterday were enough to hold the o/n rally and we've now been down to test the other side with 1.0985 so far holding the drop through 1.1000. More layers between 1.0950-60

Here's today's orders again

Sellers  1.1050 1.1075-85 1.1100 1.1125 1.1140-50

Buyers  1.1000 1.0985 1.0950-60 1.0930 1.0900-10 1.0880-85 1.0850 1.0830 1.0800 1.0785

Canadian retail sales coming up at the bottom of the hour

USDCAD orders 23 Sept

posted via ForexLive