Tanalys

USD/CAD intraday: bullish bias above 1.0465.

Pivot: 1.0465

Our preference: Long positions above 1.0465 with targets @ 1.055 1.0585 in extension.

Alternative scenario: Below 1.0465 look for further downside with 1.0445 1.042 as targets.

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

Key levels

1.061

1.0585

1.055

1.05221 last

1.0465

1.0445

1.042

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