Tanalys

USD/CAD Intraday: intraday support around 1.265.

Pivot: 1.265

Our preference: Long positions above 1.265 with targets @ 1.28 1.285 in extension.

Alternative scenario: Below 1.265 look for further downside with 1.26 1.251 as targets.

Comment: A support base at 1.265 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.2925 *

1.285 *

1.28 *

1.2662 Last

1.265 ***

1.26 ***

1.251 ***

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