The corrective action in the Canadian continues mostly because of residual influencesfrom the US Fed testimony. One might have expected the Canadian to garner some support from favorableChinese growth readings overnight but the bull camp might have to see a strong result from Canadianmanufacturing survey data later this morning, to shut off negative signals from the charts. The SeptemberCanadian this morning sits right on a normal retracement of the June and July rally at 92.84 and until the marketregains that level, the bear camp looks to have control.
