It's been a lively few hours for the Canadian dollar 27 April
Following Trump's decision not to abandon NAFTA but renegotiate with Canada and Mexico we've seen USDCAD begin a rapid decline from 1.3640 down to 1.3529.
There's a bit of demand/support around there though as per yesterday's order board and we're currently back to 1.3545 as traders/bots take some money off the table.
It will take a while for the precise details of the new deal to emerge over the coming months and will continue to cast a shadow.
We can now expect immediate offers/res around 1.3560, 1.3580 and 1.3600. Demand/support 1.3525-30 and 1.3500.
Large option expiries in play too
