Tanalys

USD/CAD intraday: bullish bias above 1.0315.

Pivot: 1.0315

Our preference: Long positions above 1.0315 with targets @ 1.042 1.045 in extension.

Alternative scenario: Below 1.0315 look for further downside with 1.0245 1.0215 as targets.

Comment: the break above 1.0315 is a positive signal that has opened a path to 1.042.

Key levels

1.05

1.045

1.042

1.03693 last

1.0315

1.0245

1.0215

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