Tanalys

USD/CAD Intraday: bullish bias above 1.4045.

Pivot: 1.4045

Our preference: long positions above 1.4045 with targets @ 1.417 1.4245 in extension.

Alternative scenario: below 1.4045 look for further downside with 1.397 1.3915 as targets.

Comment: a support base at 1.4045 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.43 **

1.4245 **

1.417 **

1.4083 Last

1.4045 ***

1.397 ***

1.3915 ***

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