USD/CAD Intraday: the bias remains bullish.
Pivot: 1.3490
Our preference: long positions above 1.3490 with targets at 1.3550 & 1.3570 in extension.
Alternative scenario: below 1.3490 look for further downside with 1.3470 & 1.3450 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.3590
1.3570
1.3550
1.3516 Last
1.3490
1.3470
1.3450
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