Tanalys

USD/CAD Intraday: key resistance at 1.035.

Pivot: 1.035

Our preference: Short positions below 1.035 with targets @ 1.027 1.0245 in extension.

Alternative scenario: Above 1.035 look for further upside with 1.038 1.0415 as targets.

Comment: as long as the resistance at 1.035 is not surpassed, the risk of the break below 1.027 remains high.

Supports and resistances:

1.0415

1.038

1.035

1.0295 Last

1.027

1.0245

1.017

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