Trade Idea: USD/CAD – Hold short entered at 1.3135

As the greenback has rebounded again after marginal fall to 1.3009, suggesting consolidation above this level would be seen but as long as indicated resistance at 1.3120 holds, bearishness remains for a test of 1.3000, below there would add credence to our view that the rebound from 1.2969 (last week’s