Tanalys

USD/CAD intraday: consolidation.

Pivot: 1.057

Our preference: Short positions below 1.057 with targets @ 1.05 1.0465 in extension.

Alternative scenario: Above 1.057 look for further upside with 1.061 1.065 as targets.

Comment: the pair has broken below a key rising trend line.

Key levels

1.065

1.061

1.057

1.0519 last

1.05

1.0465

1.0445

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