Tanalys

USD/CAD Intraday: bullish bias above 1.0995.

Pivot: 1.0995

Our preference: Long positions above 1.0995 with targets @ 1.105 1.107 in extension.

Alternative scenario: Below 1.0995 look for further downside with 1.097 1.094 as targets.

Comment: The RSI lacks downward momentum.

Supports and resistances:

1.1105

1.107

1.105

1.1033 Last

1.0995

1.097

1.094

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