Tanalys

USD/CAD intraday: bullish bias above 1.0395.

Pivot: 1.0395

Our preference: Long positions above 1.0395 with targets @ 1.047 1.0495 in extension.

Alternative scenario: Below 1.0395 look for further downside with 1.036 1.0335 as targets.

Comment: the RSI is bullish and calls for further upside.

Key levels

1.054

1.0495

1.047

1.045 last

1.0395

1.036

1.0335

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