In addition to ongoing US Dollar pressure, the Canadian is also undermined by renewed Ukrainian tensions and recent soft Canadian inflation data. However, the Canadian appears to have found somemeasure of support from the 91.00 consolidation low zone. On the other hand, the risk to longs at the start of thenew week appears to have increased and those that are long the Canadian might look to liquidate longs andattempt to reset on an upcoming decline to 90.75.
