USDCAD Jan 28

Intraday bias in USD/CAD remains on the upside as this point and further rise should be seen to 1.3327 resistance. We’re favoring the case that corrective pattern from 1.3664 has completed as a triangle at 1.2951. Break of 1.3327 should confirm this bullish view and pave the way for a retest on 1.3664 high. In any case, near term outlook will remain bullish as long as 1.3117 support holds, in case of retreat.