Tanalys

USD/CAD Intraday: intraday support around 1.0875.

Pivot: 1.0875

Our preference: Long positions above 1.0875 with targets @ 1.093 1.095 in extension.

Alternative scenario: Below 1.0875 look for further downside with 1.084 1.0815 as targets.

Comment: A support base at 1.0875 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.099

1.095

1.093

1.0891 Last

1.0875

1.084

1.0815

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