Tanalys

USD/CAD intraday: intraday support around 1.0365.

Pivot: 1.0365

Our preference: Long positions above 1.0365 with targets @ 1.042 1.0445 in extension.

Alternative scenario: Below 1.0365 look for further downside with 1.033 1.0305 as targets.

Comment: a support base at 1.0365 has formed and has allowed for a temporary stabilisation.

Key levels

1.047

1.0445

1.042

1.0393 last

1.0365

1.033

1.0305

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