Forex technical analysis: USDCAD corrects 50% of the day's range. - ConsultFX

Forex technical analysis: USDCAD corrects 50% of the day's range.

USD buying helps the rebound The USDCAD fell after the better than expected Canada jobs data (35.3K vs 15K and full time employment leads) and weaker earnings in the US. However, the rebound in the USD as the morning trading progresses has led to a rebound in the USDCAD too.  Copyright 2015 Forexlive.com