Tanalys

USD/CAD Intraday: bullish bias above 1.083.

Pivot: 1.083

Our preference: Long positions above 1.083 with targets @ 1.089 1.091 in extension.

Alternative scenario: Below 1.083 look for further downside with 1.081 1.078 as targets.

Comment: A support base at 1.083 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.094

1.091

1.089

1.085 Last

1.083

1.081

1.078

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