Tanalys

USD/CAD Intraday: key resistance at 1.1.

Pivot: 1.1

Our preference: Short positions below 1.1 with targets @ 1.095 1.0935 in extension.

Alternative scenario: Above 1.1 look for further upside with 1.1045 1.1075 as targets.

Comment: The break below 1.1 is a negative signal that has opened a path to 1.095.

Supports and resistances:

1.1075

1.1045

1.1

1.0978 Last

1.095

1.0935

1.0905

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