Tanalys

USD/CAD Intraday: key resistance at 1.105.

Pivot: 1.105

Our preference: Short positions below 1.105 with targets @ 1.096 1.093 in extension.

Alternative scenario: Above 1.105 look for further upside with 1.108 1.112 as targets.

Comment: the upward potential is likely to be limited by the resistance at 1.105.

Supports and resistances:

1.112

1.108

1.105

1.1039 Last

1.096

1.093

1.09

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