Tanalys

USD/CAD intraday: bullish bias above 1.033.

Pivot: 1.033

Our preference: Long positions above 1.033 with targets @ 1.04 1.044 in extension.

Alternative scenario: Below 1.033 look for further downside with 1.0275 1.0245 as targets.

Comment: technically, the RSI is above its neutrality area at 50.

Key levels

1.0495

1.044

1.04

1.03761 last

1.033

1.0275

1.0245

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