Tanalys

USD/CAD Intraday: bullish bias above 1.125.

Pivot: 1.125

Our preference: Long positions above 1.125 with targets @ 1.1335 1.1385 in extension.

Alternative scenario: Below 1.125 look for further downside with 1.1185 1.116 as targets.

Comment: The RSI lacks downward momentum.

Supports and resistances:

1.1445

1.1385

1.1335

1.1309 Last

1.125

1.1185

1.116

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