Tanalys

USD/CAD Intraday: bullish bias above 1.116.

Pivot: 1.116

Our preference: Long positions above 1.116 with targets @ 1.1255 1.1295 in extension.

Alternative scenario: Below 1.116 look for further downside with 1.1125 1.1075 as targets.

Comment: Technically the RSI is above its neutrality area at 50.

Supports and resistances:

1.135

1.1295

1.1255

1.1183 Last

1.116

1.1125

1.1075

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