Tanalys

USD/CAD intraday: intraday support around 1.025.

Pivot: 1.025

Our preference: Long positions above 1.025 with targets @ 1.029 1.0315 in extension.

Alternative scenario: Below 1.025 look for further downside with 1.0225 1.02 as targets.

Comment: a support base at 1.025 has formed and has allowed for a temporary stabilisation.

Key levels

1.0335

1.0315

1.029

1.0256 last

1.025

1.0225

1.02

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