Tanalys

USD/CAD Intraday: intraday support around 1.0905.

Pivot: 1.0905

Our preference: Long positions above 1.0905 with targets @ 1.0985 1.101 in extension.

Alternative scenario: Below 1.0905 look for further downside with 1.0875 1.084 as targets.

Comment: A support base at 1.0905 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.105

1.101

1.0985

1.0974 Last

1.0905

1.0875

1.084

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