Tanalys

USD/CAD Intraday: intraday support around 1.121.

Pivot: 1.121

Our preference: Long positions above 1.121 with targets @ 1.126 1.1295 in extension.

Alternative scenario: Below 1.121 look for further downside with 1.118 1.115 as targets.

Comment: A support base at 1.121 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.135

1.1295

1.126

1.1236 Last

1.121

1.118

1.115

Copyright 1999 – 2014 TRADING CENTRAL

Exit mobile version