Tanalys

USD/CAD Intraday: bullish bias above 1.032.

Pivot: 1.032

Our preference: Long positions above 1.032 with targets @ 1.038 1.04 in extension.

Alternative scenario: Below 1.032 look for further downside with 1.0295 1.027 as targets.

Comment: the break above 1.032 is a positive signal that has opened a path to 1.038.

Supports and resistances:

1.0425

1.04

1.038

1.0344 Last

1.032

1.0295

1.027

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