USD/CAD Watch 1.3185

Pivot (invalidation): 1.3135

Our preference Long positions above 1.3135 with targets at 1.3170 & 1.3185 in extension.

Alternative scenario Below 1.3135 look for further downside with 1.3125 & 1.3105 as targets.

Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

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