Tanalys

USD/CAD Intraday: bullish bias above 1.096.

Pivot: 1.096

Our preference: Long positions above 1.096 with targets @ 1.101 1.1055 in extension.

Alternative scenario: Below 1.096 look for further downside with 1.093 1.09 as targets.

Comment: A support base at 1.096 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.1075

1.1055

1.101

1.0975 Last

1.096

1.093

1.09

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