Technical analysis: Canadian Dollar mixed as broader market flows push CAD around

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The Canadian Dollar is broadly mixed on Tuesday, shedding half a percent against the US Dollar (USD) and around a third of a percent against the Euro (EUR). Pacific market weakness saw the CAD climb around four-tenths of a percent against the Antipodeans.

USD/CAD broke into a fresh five-day high during Tuesday’s US market session, challenging the 1.3750 region as the pair bounces from a heavy supply zone between 1.3680 and 1.3630. Bids are still down from the last swing high into 1.3845, but buyers are pushing back into chart territory north of the 200-hour Exponential Moving Average (EMA) at 1.3688


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