=> The recent downside has unlocked the key support at 1.27xx at the 50% retracement of the current rally. => Below 1.3025 means we will see a test at the more meaningful support zone - the August low => To the upside we don't see much opportunity here as resistance at 1.3110 caps the move immediately. => Trump has given the narrative of NAFA talks "going well" and naturally Canada will be forced to agree, no matter what Trudeau says.... => Here CAD is starting to look very heavy and will be forced to devalue to offset the losses in trade via NAFTA. => GL all