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FxWirePro: USD/CAD recovers slightly but trend is still bearish 
Pair is well supported below 1.40 marks and currently trading at 1.3873 levels.
- Intraday outlook remains slightly bearish for the moment.
- A break of 1.4102 marks is required to confirm to bullish trend.
- Alternatively, current downfall will drag the parity below 1.3639 levels and 1.3523 levels thereafter.
- Initial resistance levels are seen at 1.3987, 1.4057 and 1.4197 levels.
- On the other side, support levels are seen at 1.3777, 1.3639 and 1.3567 levels.
We prefer to take short position in USD/CAD around 1.3870, stop loss 1.4001 and target 1.3639 levels.
