Tanalys

USD/CAD intraday: bullish bias above 1.0555.

Pivot: 1.0555

Our preference: Long positions above 1.0555 with targets @ 1.061 1.063 in extension.

Alternative scenario: Below 1.0555 look for further downside with 1.0515 1.0485 as targets.

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

Key levels

1.066

1.063

1.061

1.05935 last

1.0555

1.0515

1.0485

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