USD/CAD holds 1.4668 at the first time of asking

Earlier today, an update here covered the surge in the USD/CAD, above the prior noted 2020 high, at 1.4668, towards 1.4800. That update also noted that this level might provide support on any pullback in the US dollar. Well, subsequent to that update, the USD/CAD did test 1.4668 and give to take a pip or two the price held the downside and that led to another rebound back above 1.4700. Since then it has edged a little lower once more, but at the time of writing remains above that 1.4668 price point. It also remains to be seen, if this will be tested for a second time and what might transpire after that. The USD/CAD is just now trading at 1.4686