Strengthening of the USD / CAD stalled at 1.06

USD / CAD had darted sharply near 1.06. However, the pair are now back turned down to around 1.055. Action sale reportedly occurred at 1.06 and a large enough amount. If the pair back up, then sell interests reportedly seen again at the level of 1.066. Some of the news circulating about the possibility of the Bank of Canada will not raise interest rates next month, where currently many are predicting the opposite. Pair still potentially go down with the targets at 1.048.