Tanalys

USD/CAD intraday: bullish bias above 1.027.

Pivot: 1.027

Our preference: Long positions above 1.027 with targets @ 1.0355 1.039 in extension.

Alternative scenario: Below 1.027 look for further downside with 1.02 1.017 as targets.

Comment: the break above 1.027 is a positive signal that has opened a path to 1.0355.

Key levels

1.042

1.039

1.0355

1.035 last

1.027

1.02

1.017

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