Tanalys

USD/CAD Intraday: key resistance at 1.0905.

Pivot: 1.0905

Our preference: Short positions below 1.0905 with targets @ 1.084 1.082 in extension.

Alternative scenario: Above 1.0905 look for further upside with 1.0955 1.0985 as targets.

Comment: The upward potential is likely to be limited by the resistance at 1.0905.

Supports and resistances:

1.0985

1.0955

1.0905

1.0893 Last

1.084

1.082

1.0745

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