USDCAD- Going Below 1.3164 -Let's look for a retracement

Already UCAD has bounced back from 1.3000 lows & has started 1st leg up. We shall look for some retracement going below 1.3164. Retracement zones could be 1.3110-1.3125 where it completes 38.2% retracement -which is the pullback looking at the moment.

Kindly be careful of doing your own due diligence.

Regards,
Abhishek