Tanalys

USD/CAD intraday: bullish bias above 1.023.

Pivot: 1.023

Our preference: Long positions above 1.023 with targets @ 1.029 1.0315 in extension.

Alternative scenario: Below 1.023 look for further downside with 1.02 1.0185 as targets.

Comment: the pair is shaping a bullish flag pattern.

Key levels

1.0335

1.0315

1.029

1.02568 last

1.023

1.02

1.0185

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