Tanalys

USD/CAD Intraday: key resistance at 1.098.

Pivot: 1.098

Our preference: Short positions below 1.098 with targets @ 1.093 1.09 in extension.

Alternative scenario: Above 1.098 look for further upside with 1.102 1.106 as targets.

Comment: as long as the resistance at 1.098 is not surpassed, the risk of the break below 1.093 remains high.

Supports and resistances:

1.106

1.102

1.098

1.0977 Last

1.093

1.09

1.0875

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