Tanalys

USD/CAD Intraday: key resistance at 1.106.

Pivot: 1.106

Our preference: Short positions below 1.106 with targets @ 1.096 1.093 in extension.

Alternative scenario: Above 1.106 look for further upside with 1.109 1.112 as targets.

Comment: as long as 1.106 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.112

1.109

1.106

1.1023 Last

1.096

1.093

1.09

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