USD/CAD – Loonie holding well so far by Milan Cutkovic

  • CAD has been performing well considering everything
  • The Aussie and Kiwi Dollar have been under far greater pressure
  • Dealers report barrier options in USD/CAD at 1.1125 and 1.1150; offers in front of those levels
  • Unlikely to be a major obstacle, but have capped the topside so far
  • Buying dips the preferred strategy, good support eyed at 1.1050/60

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