Tanalys

USD/CAD Intraday: key resistance at 1.1075.

Pivot: 1.1075

Our preference: Short positions below 1.1075 with targets @ 1.0995 1.0975 in extension.

Alternative scenario: Above 1.1075 look for further upside with 1.1105 1.1145 as targets.

Comment: as long as the resistance at 1.1075 is not surpassed, the risk of the break below 1.0995 remains high.

Supports and resistances:

1.1145

1.1105

1.1075

1.105 Last

1.0995

1.0975

1.095

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