The Canadian has been able to consolidate recent gains this morning, and may be settingup for a fresh upside extension over the next few sessions. Last week’s robust Canadian jobs data continues toprovide support, as the market was able to shake off Tuesday’s poor Canadian housing data with few problems.The June Canadian should find near-term support around the 91.16 level, and looks to be heading up towards the93.00 area if it can get positive vibes from both the US and the Chinese economies over the near future.
