Tanalys

USD/CAD intraday: bullish bias above 1.051.

Pivot: 1.051

Our preference: Long positions above 1.051 with targets @ 1.061 1.063 in extension.

Alternative scenario: Below 1.051 look for further downside with 1.045 1.041 as targets.

Comment: the RSI is bullish and calls for further upside. The upside breakout of 1.051, calls for further advance.

Key levels

1.068

1.063

1.061

1.0563 last

1.051

1.045

1.041

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