Tanalys

USD/CAD intraday: intraday support around 1.017.

Pivot: 1.017

Our preference: Long positions above 1.017 with targets @ 1.025 1.028 in extension.

Alternative scenario: Below 1.017 look for further downside with 1.014 1.01 as targets.

Comment: a support base at 1.017 has formed and has allowed for a temporary stabilisation.

Key levels

1.03

1.028

1.025

1.01821 last

1.017

1.014

1.01

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