USD/CAD Intraday: the downside prevails.
Short positions below 1.3425 with targets at 1.3370 & 1.3350 in extension.
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Short positions below 1.3425 with targets at 1.3370 & 1.3350 in extension.
Short positions below 101.6000 with targets at 101.2000 & 101.0500 in extension.
Short positions below 0.8950 with targets at 0.8895 & 0.8870 in extension.
Long positions above 1.2470 with targets at 1.2530 & 1.2570 in extension.
Short positions below 133.40 with targets at 132.90 & 132.70 in extension.
Long positions above 0.6695 with targets at 0.6745 & 0.6760 in extension.
Long positions above 1.0975 with targets at 1.1035 & 1.1050 in extension.
The MACD is negative and below its signal line.
Alternative scenario: below 166.07, expect 165.43 and 165.06.
Alternative scenario: the downside breakout of 0.6216 would call for 0.6187 and 0.6169.
Short positions below 101.8000 with targets at 101.4100 & 101.2000 in extension.
Short positions below 1.3445 with targets at 1.3405 & 1.3390 in extension.