Tanalys

USD/CAD Intraday: bullish bias above 1.3175.

Pivot: 1.3175

Our preference: Long positions above 1.3175 with targets @ 1.3265 1.331 in extension.

Alternative scenario: Below 1.3175 look for further downside with 1.315 1.3115 as targets.

Comment: The RSI lacks downward momentum.

Supports and resistances:

1.334

1.331

1.3265

1.3222 Last

1.3175

1.315

1.3115

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