USD/CAD -Watch out for 1.31620 for further upside

Loonie is facing major resistance around 1.3162 and break above confirms major trend reversal , a jump till 1.3225/1.3300 is possible.

On the downside weakness can be seen only below 1.3040.
The minor support is around 1.3100

it is good to buy only above 1.31620 with SL around 1.3100 for the TP of 1.3225/1.3300