Any pull-back above 1.2310, possibly towards 1.2340-50 area for USDCAD, now seems to provide an opportunity to initiate fresh short-positions...
The pair seems vulnerable to drop back below 1.2200 mark, possibly towards 1.2160-50 support area...
The pair seems vulnerable to drop back below 1.2200 mark, possibly towards 1.2160-50 support area...