Tanalys

USD/CAD Intraday: bullish bias above 1.1065.

Pivot: 1.1065

Our preference: Long positions above 1.1065 with targets @ 1.12 1.123 in extension.

Alternative scenario: Below 1.1065 look for further downside with 1.1015 1.095 as targets.

Comment: a support base at 1.1065 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.1315

1.123

1.12

1.1102 Last

1.1065

1.1015

1.095

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