Tanalys

USD/CAD intraday: 1.0505 in sight.

Pivot: 1.036

Our preference: Long positions above 1.036 with targets @ 1.047 1.0505 in extension.

Alternative scenario: Below 1.036 look for further downside with 1.031 1.028 as targets.

Comment: the immediate trend remains up and the momentum is strong.

Key levels

1.054

1.0505

1.047

1.04309 last

1.036

1.031

1.028

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