Falls to session lows
The USDCAD has extended it’s narrow range after the better than expected May employment report. The pair has yesterday and the weeks lows to contend with at 1.2669 and 1.2654 levels. Those levels are also near the 50% of the longer term move up from the June 2014 low. That comes in at 1.26529. So the pair has some tough levels to get to and through (and stay).