Tanalys

USD/CAD intraday: consolidation in place.

Pivot: 1.036

Our preference: Short positions below 1.036 with targets @ 1.027 1.0245 in extension.

Alternative scenario: Above 1.036 look for further upside with 1.039 1.042 as targets.

Comment: technically, the RSI is below its neutrality area at 50.

Key levels

1.042

1.039

1.036

1.03124 last

1.027

1.0245

1.0215

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