USDCAD has moves back "out of the box". Can it stay that way? - ConsultFX

USDCAD has moves back "out of the box". Can it stay that way?

Box 1.2814 to 1.2947 The USDCAD fell outside a box that confined the range going back to March 21 in trading yesterday. The catalyst was comments that Trump wanted a NAFTA deal as early as next week.   That might be a bit ambitious, but it caught the markets attention, and the loonie was bid up (the