Swing area from 1.2586 to 1.2607 stalls the rallies today (and yesterday too).
The USDCAD ran higher yesterday but stalled near the 61.8% retracement and a swing area between 1.25865 to 1.26072.  The price moved down in the NY afternoon after the BOC hinted of tapering. The move retested some swing levels near 1.25203 and bounced. 

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