USDCAD dumped, AUDUSD surges as London fixing sees commodities race higher

I warned about the 16.00 GMT fix in an earlier post and advised caution

USDCAD has tumbled to 1.3065 on a combo of neg-USD flows and firmer oil

AUDUSD has raced higher to 0.7145 as month-end fixing flows have their say once again

Expect demand/support into 1.3050 on USDCAD but with stop loss sellers lined up below that as per my earlier post

Offers on AUDUSD at 0.7150 then 0.7180-0.7200 if we continue to climb Demand/bids now at 0.7120-25 then more into 0.7100