USDCAD has finally taken out the 1.1000 barrier and posted 1.1004 a short while ago, levels not seen since early May

There had been numerous attempts to break through in August before giving up and heading back down to 1.0810

As often with barrier pops this move does not guarantee further gains but it’s certainly a significant breach. Plenty of sell interest into 1.1050 though should it have the legs to try

USDCAD Daily 9 Sept

USDCAD Daily 9 Sept