Tanalys

USD/CAD Intraday: key resistance at 1.1005.

Pivot: 1.1005

Our preference: Short positions below 1.1005 with targets @ 1.094 1.0915 in extension.

Alternative scenario: Above 1.1005 look for further upside with 1.105 1.107 as targets.

Comment: As long as the resistance at 1.1005 is not surpassed, the risk of the break below 1.094 remains high.

Supports and resistances:

1.107

1.105

1.1005

1.0959 Last

1.094

1.0915

1.087

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