Dollar / Canada fell after the decision on rates

In anticipation of the announcement of the decision of the Bank of Canada Dollar / Canada remained under strong pressure bears and, after the market participants did not notice in the accompanying statement of any aggravation of the rhetoric about the national currency, the couple has undergone a new wave of sales. Dealers noted that the break below C $ 1.10 caused the elimination of short-term long positions opened earlier today, which allowed the pair to break in a fresh session of a minimum of about C $ 1.0960/65, while the loss of support around C $ 1.1000 is a negative sign for the bulls. However, until that dollar / Canada is above C $ 1.0945/40, and to demonstrate the potential for further collapse to a minimum this year, bears need to break below the said support.