Tanalys

USD/CAD Intraday: bullish bias above 1.087.

Pivot: 1.087

Our preference: Long positions above 1.087 with targets @ 1.094 1.099 in extension.

Alternative scenario: Below 1.087 look for further downside with 1.0835 1.081 as targets.

Comment: The RSI calls for a new upleg. The pair validated a Bullish Flag pattern.

Supports and resistances:

1.101

1.099

1.094

1.092 Last

1.087

1.0835

1.081

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