Tanalys

USD/CAD Intraday: bullish bias above 1.105.

Pivot: 1.105

Our preference: Long positions above 1.105 with targets @ 1.112 1.115 in extension.

Alternative scenario: Below 1.105 look for further downside with 1.101 1.096 as targets.

Comment: the pair is supported by its ascending 50-period moving average (in blue).

Supports and resistances:

1.1175

1.115

1.112

1.1075 Last

1.105

1.101

1.096

Copyright 1999 – 2014 TRADING CENTRAL

Exit mobile version