Tanalys

USD/CAD Intraday: key resistance at 1.099.

Pivot: 1.099

Our preference: Short positions below 1.099 with targets @ 1.095 1.0915 in extension.

Alternative scenario: Above 1.099 look for further upside with 1.101 1.103 as targets.

Comment: As long as 1.099 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.103

1.101

1.099

1.0975 Last

1.095

1.0915

1.09

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