Intraday bias in USD/CAD remains neutral and the consolidation from 1.2797 might extend. Break of 1.2351 will bring deeper pull back. But in that case, we'd expect strong support from 61.8% retracement of 1.1564 to 1.2797 at 1.2035 to contain downside and bring rebound. On the upside, sustained break of
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