Tanalys

USD/CAD intraday: caution.

Pivot: 1.02

Our preference: Short positions below 1.02 with targets @ 1.015 1.0125 in extension.

Alternative scenario: Above 1.02 look for further upside with 1.0225 1.025 as targets.

Comment: the RSI is mixed and calls for caution.

Key levels

1.025

1.0225

1.02

1.01698 last

1.015

1.0125

1.01

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