FxWirePro
Short

Loonie faces strong support at 1.403, break below targets 1.3320

FX:USDCAD   U.S. Dollar/Canadian Dollar
485 3 15
USD/CAD             has made a high of 1.34570 and declined from that level. It is currently trading at 1.4160

The pair’s major intraday support is around 1.3403 ( trend line joining 1.3172 and 1.3330) and any break below confirms intraday weakness, a decline till 1.3370/1.3330 is possible.

On the higher side minor resistance is around 1.3430 and any break above will target 1.3460/1.3480.

Bearish invalidation only above 1.3460 level.

It is good to sell below 1.3403 with SL around 1.3435 for the TP of 1.3370/1.3320.
Nice call! Thank you very much
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How can it make a high at 1.34570, decline, and now trade at 1.4160 ???
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Sorry 1.3416
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