The most important intraday level for USD/CAD is currently placed at 1.32500. It worked several times as support and resistance, even the December gap ticked prices through the level. Anyway, the market has a couple of hours to clarify the technical sentiment for the upcoming week.
Smart money entered. Finally. Unexplained fears are gone and market wisdom takes control.
EUR/USD nearest target is still 1.2727 and this reversal is perfect to position for the upcoming weeks.
US Federal Reserve Treasury Notes auctions is over, so we should not ecpect additonional demand for the greenback overseas.
It's time to make good money, guys!