Tanalys

USD/CAD Intraday: bullish bias above 1.273.

Pivot: 1.273

Our preference: Long positions above 1.273 with targets @ 1.2825 1.289 in extension.

Alternative scenario: Below 1.273 look for further downside with 1.268 1.262 as targets.

Comment: The RSI lacks downward momentum.

Supports and resistances:

1.294 *

1.289 **

1.2825 **

1.2753 Last

1.273 **

1.268 ***

1.262 ***

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