Tanalys

USD/CAD Intraday: key resistance at 1.0965.

Pivot: 1.0965

Our preference: Short positions below 1.0965 with targets @ 1.0875 1.083 in extension.

Alternative scenario: Above 1.0965 look for further upside with 1.099 1.104 as targets.

Comment: as long as 1.0965 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.104

1.099

1.0965

1.0934 Last

1.0875

1.083

1.0785

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