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USDCAD - Rally to be capped

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Signal_Centre  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Wave Analysis Beyond Technical Analysis USDCAD usdcadshort fx forexsignals
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trendanalysis waveanalysis beyondta usdcad usdcadshort fx forexsignals
USDCAD
USDCAD
USDCAD
USDCAD

USDCAD - Intraday - We look to Sell at 1.3225 (stop at 1.3260)

Buying pressure from 1.3105 resulted in all the initial daily selloff being recaptured. Buying posted in Asia. Bespoke resistance is located at 1.3226. There is scope for mild buying at the open but gains should be limited.

Our profit targets will be 1.3140 and 1.3100

Resistance: 1.3225 / 1.3295 / 1.3350
Support: 1.3140 / 1.3100 / 1.3031
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