USDCAD breaks back below its 100 day MA - ConsultFX

USDCAD breaks back below its 100 day MA

More bearish... The USDCAD has broken below the 100 day MA at 1.30368 on more positive headlines on NAFTA. Oil is also racing ahead (up 1.62%) which tends to be supportive to the CAD (lower USDCAD). The inventory data just showed a draw of -5296K which was higher than the estimate of -2000K but below the