USD/CAD: Turning Down

Pivot (invalidation): 1.3400

Our preference Short positions below 1.3400 with targets at 1.3370 & 1.3350 in extension.

Alternative scenario Above 1.3400 look for further upside with 1.3415 & 1.3430 as targets.

Comment The RSI is bearish and calls for further downside.

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