USDCAD- Going Below 1.3164 -Let's look for a retracement

FX:USDCAD   U.S. Dollar / Canadian Dollar
97 0 5
Already UCAD has bounced back from 1.3000 lows & has started 1st leg up. We shall look for some retracement going below 1.3164. Retracement zones could be 1.3110-1.3125 where it completes 38.2% retracement -which is the pullback looking at the moment.

Kindly be careful of doing your own due diligence.

Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
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