Tanalys

USD/CAD Intraday: bullish bias above 1.0405.

Pivot: 1.0405

Our preference: Long positions above 1.0405 with targets @ 1.0465 1.049 in extension.

Alternative scenario: Below 1.0405 look for further downside with 1.036 1.031 as targets.

Comment: the RSI lacks downward momentum.

Supports and resistances:

1.0515

1.049

1.0465

1.044 Last

1.0405

1.036

1.031

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