Contributors Technical Analysis USD/CAD: Bullish Bias Above 1.3120

USD/CAD: Bullish Bias Above 1.3120

Pivot (invalidation): 1.3120

Our preference Long positions above 1.3120 with targets at 1.3155 & 1.3175 in extension.

Alternative scenario Below 1.3120 look for further downside with 1.3100 & 1.3080 as targets.

Comment Technically the RSI is above its neutrality area at 50.

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