We noted some smart eur/cad sellers around 1.4910 area right after 4 pm fix.. Small stops triggered through in eur/usd
at 1.1315 and some in usd/cad
at 1.3175, right after. But, we would see the current move unsustainable and would support the idea of shorting it at current levels. it is around 1.4940/45 area now.