Tanalys

USD/CAD Intraday: key resistance at 1.09.

Pivot: 1.09

Our preference: Short positions below 1.09 with targets @ 1.083 1.078 in extension.

Alternative scenario: Above 1.09 look for further upside with 1.0945 1.098 as targets.

Comment: the upward potential is likely to be limited by the resistance at 1.09.

Supports and resistances:

1.098

1.0945

1.09

1.0882 Last

1.083

1.078

1.073

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