Tanalys

USD/CAD intraday: intraday support around 1.031.

Pivot: 1.031

Our preference: Long positions above 1.031 with targets @ 1.04 1.044 in extension.

Alternative scenario: Below 1.031 look for further downside with 1.027 1.0245 as targets.

Comment: the RSI is mixed and calls for caution.

Key levels

1.049

1.044

1.04

1.0318 last

1.031

1.027

1.0245

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