The Canadian is off balance because of definitive strength in the Dollar, which is garneringits lift from hopes of hawkish dialogue from the US Fed Chairperson later today. It is also possible that initialweakness in North American equities has the Canadian off balance to start today. In fact, a small measure oftechnical damage on the charts probably favors the bear camp but we just don’t see the justification for a furtherand significant downside slide. Solid support might be seen at 92.82.
