Tanalys

USD/CAD intraday: bullish bias above 1.0485.

Pivot: 1.0485

Our preference: Long positions above 1.0485 with targets @ 1.0555 1.058 in extension.

Alternative scenario: Below 1.0485 look for further downside with 1.0455 1.042 as targets.

Comment: intraday technical indicators are mixed and call for caution.

Key levels

1.061

1.058

1.0555

1.04984 last

1.0485

1.0455

1.042

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