Tanalys

USD/CAD Intraday: key resistance at 1.103.

USD/CAD Intraday: key resistance at 1.103.

Pivot: 1.103

Our preference: Short positions below 1.103 with targets @ 1.0905 1.087 in extension.

Alternative scenario: Above 1.103 look for further upside with 1.108 1.112 as targets.

Comment: As long as 1.103 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.112

1.108

1.103

1.0964 Last

1.0905

1.087

1.083

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