Tanalys

USD/CAD Intraday: bullish bias above 1.3675.

Pivot: 1.3675

Our preference: long positions above 1.3675 with targets @ 1.378 1.383 in extension.

Alternative scenario: below 1.3675 look for further downside with 1.362 1.3565 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:

1.387 **

1.383 **

1.378 ***

1.3715 Last

1.3675 ***

1.362 ***

1.3565 ***

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