Tanalys

USD/CAD Intraday: bounce.

Pivot: 1.0695

Our preference: Long positions above 1.0695 with targets @ 1.0795 1.0825 in extension.

Alternative scenario: Below 1.0695 look for further downside with 1.0655 1.0625 as targets.

Comment: Technically the RSI is above its neutrality area at 50.

Supports and resistances:

1.0855

1.0825

1.0795

1.0742 Last

1.0695

1.0655

1.0625

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