Tanalys

USD/CAD Intraday: bullish bias above 1.09.

Pivot: 1.09

Our preference: Long positions above 1.09 with targets @ 1.0965 1.099 in extension.

Alternative scenario: Below 1.09 look for further downside with 1.0875 1.084 as targets.

Comment: The RSI is bullish and calls for further upside. The pair is trading in a bullish channel.

Supports and resistances:

1.101

1.099

1.0965

1.0943 Last

1.09

1.0875

1.084

Copyright 1999 – 2014 TRADING CENTRAL

Exit mobile version