Tanalys

USD/CAD intraday: intraday support around 1.032.

Pivot: 1.032

Our preference: Long positions above 1.032 with targets @ 1.0355 1.038 in extension.

Alternative scenario: Below 1.032 look for further downside with 1.0295 1.027 as targets.

Comment: a support base at 1.032 has formed and has allowed for a temporary stabilisation.

Key levels

1.04

1.038

1.0355

1.0331 last

1.032

1.0295

1.027

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