Reports of another US corporate inversion into Canada, disappointing US data on Monday and hope for a de-escalation of tensions in the Ukraine from a meeting later today, might help the Canadianrespect consolidation support on the charts around the 91.00 level. However, to see the Canadian mount a run to94.00 again, probably requires positive global growth expectations, rising energy prices and less confidence in theUS economy. Pushed into the Canadian, we would be long but objectives and risks need to be very narrow.
