USD/CAD Intraday: bullish bias above 1.3520.
Pivot: 1.3520
Our preference: long positions above 1.3520 with targets at 1.3550 & 1.3565 in extension.
Alternative scenario: below 1.3520 look for further downside with 1.3505 & 1.3490 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.3580
1.3565
1.3550
1.3536 Last
1.3520
1.3505
1.3490
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