The run back from Friday's 1.4105 high drops below the 10DMA, 1.3971

The 50% Fibo level, 1.3961, off the 1.3817-1.4105 climb also removed

Early Wed and mild corrective action just giving the USD a breather

Our 1.4094 short play nicely in the money and stop now locks in profit

Early days but there could be potential for a daily head and shoulders

Initial resistance at the 10DMA: next Fibo support at 1.3927

USD/CAD Trading Page TGM2345

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