Trade Idea: USD/CAD – Sell at 0.9600

Despite intra-day marginal fall to 0.9446 (Friday’s low was 0.9450), lack of follow through selling and current rebound suggest consolidation would take place and retracement to 0.9550 cannot be ruled out, however, renewed selling interest should emerge around 0.9600, bring another decline later. A break of said support would extend