Tanalys

USD/CAD Intraday: intraday support around 1.1805.

Pivot: 1.1805

Our preference: Long positions above 1.1805 with targets @ 1.1875 1.1925 in extension.

Alternative scenario: Below 1.1805 look for further downside with 1.176 1.173 as targets.

Comment: A support base at 1.1805 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.1965 *

1.1925 *

1.1875 **

1.1827 Last

1.1805 ***

1.176 **

1.173 ***

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