USD/CAD trickles higher +0.2% to 1.2843; Wednesday range 1.2851-1.2786

Powell, Fed laser-focused on inflation boosts USD; risk slides

CAD dip tempered by BoC's parallel hike path w/Fed; both near +200bp by YE

Pair anchored by 21-DMA at 1.2834, supt at Wed low 1.2796, key Fib 1.2768

Sub-1.2768, 50% of 1.2459-1.3077 bears gain momentum; 55-DMA in view 1.2704

Res Tues-Wed high just below 1.2860, 10-DMA 1.2922