USD/CAD showed little movement in the Asian session. The pair recorded slight gains but then retracted in European trade
- 1.2757 is providing support
- 1.2850 was tested earlier in resistance. It is a weak line
- Current range: 1.2757 to 1.2850
- Below: 1.2757, 1.2687 and 1.2590
- Above: 1.2850, 1.2943, 1.3015 and 1.3125
USD/CAD ratio is showing little movement in the Thursday session. Currently, short positions have a majority (53%), indicative of slight trader bias towards USD/CAD takes next.
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