Tanalys

USD/CAD Intraday: intraday support around 1.111.

Pivot: 1.111

Our preference: Long positions above 1.111 with targets @ 1.1195 1.122 in extension.

Alternative scenario: Below 1.111 look for further downside with 1.106 1.1025 as targets.

Comment: the RSI lacks downward momentum.

Supports and resistances:

1.125

1.122

1.1195

1.1125 Last

1.111

1.106

1.1025

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