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Major intraday support -1.3290 (trend line joining 1.3245 and 1.3284)
- Loonie has broken intraday support 1.3290 and is currently trading around 1.32835.
- Short term trend is weak as long as resistance 1.3330 holds. Any break above 1.3300 will take the pair to new level 1.3380/1.3400.
- Overall bearish invalidation only above 1.3435.
- On the lower side minor support is around 1.3280 and break below targets 1.3245/1.3220.
It is good to sell on rallies around 1.3295 with SL around 1.3300 for TP of 1.3245/1.3220.
