Every day Pivots: (S1) 1.3519; (P) 1.3536; (R1) 1.3550; Extra…
No change in USD/CAD’s outlook and intraday bias stays on the upside. Additional rise needs to be seen to retest 1.3605 resistance first. Agency break there’ll resume complete rally from 1.3176. On the draw back, nonetheless, break of 1.3458 minor assist will flip bias again to the draw back or 1.3419 as a substitute.
Within the greater image, worth actions from 1.3976 (2022 excessive) are seen as a corrective sample solely. In case of one other fall, sturdy assist ought to emerge above 1.2947 resistance turned assist to convey rebound. General, bigger up pattern from 1.2005 (2021 low) remains to be anticipated to renew via 1.3976 at a later stage.
