USD CAD remained fragile during Forex market
9/18/2017 11:33:12 AM
The USD/CAD pair erased part of previous session's moderate up-move and kept on with its fight to stand above the 1.2210 handle and needed any firm near-term directional bias.
A follow through decline below 1.2164 level could pull the pair back towards 1.2134-45 support area ahead of the 1.2110 handle. On the positive aspect, constant move beyond the 1.2210 handle, leading to a following move above 1.2224-37 area, might cause a short-covering rebound towards the 1.2307 mark on the way 1.2336-55 hurdle.
FOREX market analysis by FxErvin.