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.
We saw some smart sellers of this pair earlier around 1.5265/70 area. It is slightly higher, but we also fancy this pair lower from these areas roughly.
