USD/CAD technical analysis
USD/CAD is torn between rising oil prices and Brexit uncertainty.
The pair shot to 1.31 in the aftermath of the vote but three attempts to hold that level have failed. On the downside, support in the 1.2960/80 zone is proving to be an equally tough barrier.
A rip in oil in the past two hours hasn't push the pair noticeably lower and rising stocks haven't either.
Zooming out, the pair appears to be comfortably in the 1.27 to 1.32 range as we sort through the Brexit wreckage and oil recovery.
