Tanalys

USD/CAD Intraday: key resistance at 1.096.

Pivot: 1.096

Our preference: Short positions below 1.096 with targets @ 1.09 1.087 in extension.

Alternative scenario: Above 1.096 look for further upside with 1.0985 1.101 as targets.

Comment: As long as 1.096 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.101

1.0985

1.096

1.0941 Last

1.09

1.087

1.084

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