Day by day Pivots: (S1) 1.3538; (P) 1.3593; (R1) 1.3645; Extra…
Intraday bias in USD/CAD stays on the upside for channel resistance at 1.3670 first. Sustained break there would immediate upside acceleration in direction of 1.3897 resistance subsequent. For now, close to time period outlook will keep bullish so long as 1.3477 assist holds, in case of retreat.
Within the larger image, worth actions from 1.3976 (2022 excessive) are considered as a corrective sample solely. In case of one other fall, sturdy assist ought to emerge above 1.2947 resistance turned assist to deliver rebound. General, bigger up pattern from 1.2005 (2021 low) continues to be anticipated to renew by 1.3976 at a later stage.
