Tanalys

USD/CAD Intraday: bullish bias above 1.24.

Pivot: 1.24

Our preference: Long positions above 1.24 with targets @ 1.254 1.2565 in extension.

Alternative scenario: Below 1.24 look for further downside with 1.238 1.2355 as targets.

Comment: The RSI is mixed with a bullish bias.

Supports and resistances:

1.262 ***

1.2565 **

1.254 **

1.2484 Last

1.24 ***

1.238 ***

1.2355 ***

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