USDCAD
USDCAD has bounced off of the multi-month lows on the stronger-than-expected US Marking Manufacturing PMI, which came at 51.5, compared to 51.1 for the previous month of September, and 50.7 expected by the market.
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USDCAD is now 30 pips from the daily low of $1.3053, which is also the new 3-month low for the pair. The Fibonacci 127.2% extension sits at $1.3077 and a close above this level will likely mean a failed attempt to break this support zone.
On the upside, the bulls will want to push the price higher and re-test the broken horizontal support around the $1.3130 handle.