Tanalys

USD/CAD intraday: bullish bias above 1.0325.

Pivot: 1.0325

Our preference: Long positions above 1.0325 with targets @ 1.042 1.0445 in extension.

Alternative scenario: Below 1.0325 look for further downside with 1.0285 1.0245 as targets.

Comment: the pair is supported by a rising trend line which maintains upward momentum.

Key levels

1.0465

1.0445

1.042

1.03923 last

1.0325

1.0285

1.0245

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