Tanalys

USD/CAD Intraday: key resistance at 1.063.

Pivot: 1.063

Our preference: Short positions below 1.063 with targets @ 1.0555 1.051 in extension.

Alternative scenario: Above 1.063 look for further upside with 1.067 1.07 as targets.

Comment: as long as 1.063 is resistance, likely decline to 1.0555.

Supports and resistances:

1.07

1.067

1.063

1.0618 Last

1.0555

1.051

1.048

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