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USD/CAD driving back towards triangle resistance

The USD/CAD has been in choppy sideways consolidation with a slight bullish bias.

USD/CAD 4H chart 7/21

(click to enlarge)

Bullish positions survived:
In the previous update I noted that I had a couple of positions open for USD/CAD.
After hitting the first target at 1.3120, USD/CAD then retreated below 1.29. 
The remaining positions was threatening to hit the stop loss at 1.2818, in which case, I would put away the bullish outlook.  
However, the ascending triangle remained intact and price stayed above 1.2850. 
This week, USD/CAD broke above a falling speedline and the cluster of 200-, 100-, and 50-period simple moving averages (SMAs) in the 4H chart. 

If oil prices remain pressured, USD/CAD should continue to be buoyed with upside towards the 1.3120 level as well as the 1.3185 high from May.