Its posted a new high of 1.3672 , I feel the USD has been undervalued lately , OIL is still trading sideways under the $50 a barrell.
Im certainly not a buyer of the Canadian dollar , Im more a USD bull right now ,
Data today is USD and CAD - GDP numbers out
Going to trade out of the data release , and would like to see this retrace around the 0.5 fib line again before entering, but confluence zones of around 1.36-1.3620 are looking good ,
Stay tuned for the outcome !!!!!!!!!!!!