Tanalys

USD/CAD intraday: bullish bias above 1.015.

Pivot: 1.015

Our preference: Long positions above 1.015 with targets @ 1.022 1.0245 in extension.

Alternative scenario: Below 1.015 look for further downside with 1.013 1.0085 as targets.

Comment: a support base at 1.015 has formed and has allowed for a temporary stabilisation.

Key levels

1.027

1.0245

1.022

1.0217 last

1.015

1.013

1.0085

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