Tanalys

USD/CAD intraday: intraday support around 1.0325.

Pivot: 1.0325

Our preference: Long positions above 1.0325 with targets @ 1.038 1.042 in extension.

Alternative scenario: Below 1.0325 look for further downside with 1.0275 1.0255 as targets.

Comment: a support base at 1.0325 has formed and has allowed for a temporary stabilisation.

Key levels

1.045

1.042

1.038

1.0352 last

1.0325

1.0275

1.0255

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