• USD/CAD drops back below 1.4300 to reach 1.4278

• The big dollar now eying support points at 1.4265 and 1.4239

• A drop under 1.4239, March 6 low, could open up the year's low at 1.4151

• Daily RSI and 14-day momentum are confirming the drop

• While above 1.4151 February 14 low the underlying bull run is still alive

• We bid by 1.4245 for a return to levels above 1.4300

• USD/CAD Trading Page
USD/CAD daily candle chart:

(Peter Stoneham is a Reuters market analyst. The views expressed are his own.)