USD/CAD made a low of 1.1640 and has recovered from that level. Intra day trend reversal can happen only below 1.1160. Any indicative break below would extend loss to 1.1120/1.1080. Intraday resistance is around 1.1250. On the upper side break above would target 1.1278. Recommendation: Buy USD/CAD around 1.1180, SL 1.1158, Target 1.125/1.1280.
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