Our preference: Short positions below 1.3235 with targets @ 1.3115 & 1.309 in extension.
Alternative scenario: Above 1.3235 look for further upside with 1.3285 & 1.3325 as targets.
Comment: the RSI has struck against a major resistance around 70% and is reversing down.
If you want to read the USDCAD Intraday Technical Analysis and the Dollar Index go to http://www.fx-megaforex.com/apps/forums/
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