HomeLive CommentsCanada Ivey PMI Feb: 59.6, US factory orders Jan: -1.4%

Canada Ivey PMI Feb: 59.6, US factory orders Jan: -1.4%

ActionForex
By ActionForex

Canada Ivey PMI Feb: 59.6 vs exp 56.3, prior 55.2

US factory orders Jan: -1.4% vs exp -1.3% prior 1.8% (revised from 1.7%)

USD/CAD dips sharply on broad based dollar weakest today. A temporary top is formed at 1.3000. Deeper pull back would be seen in the session. Strong support could be seen around 4 hour 55 EMA at 1.2794, close to near term channel support.

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