The swing area come to between 1.24227 and 1.24490
The USDCAD has traded to a new week low of 1.24215. That took out a earlier low for the day at 1.24255, and also the low from July 14 at 1.24227. The price traded at the lowest level since July 6.
AUD/NZD targets May low after RBNZ policy decision
AUD/NZD falls below key trendline support, looks towards 1.0600 next
The pair is trading pretty much a classic case of policy divergence, as the RBNZ tilts more hawkishly while the RBA is still biding its time while maintaining a more dovish stance at its latest policy meeting on 6 July earlier this month.