USDCAD 1D | Intraday bias

- Intraday bias is back on the downside for long term fibonacci level at 1.3056. On the upside, break of 1.3398 resistance should indicate short term bottoming and turn bias back to the upside for 1.3715 resistance.
- Deeper fall is expected to 61.8% retracement at 1.3056 and possibly below. This will now remain the favored case as long as 1.3715 resistance holds.