Tanalys

USD/CAD Intraday: key resistance at 1.109.

Pivot: 1.109

Our preference: Short positions below 1.109 with targets @ 1.101 1.096 in extension.

Alternative scenario: Above 1.109 look for further upside with 1.112 1.115 as targets.

Comment: as long as the resistance at 1.109 is not surpassed, the risk of the break below 1.101 remains high.

Supports and resistances:

1.115

1.112

1.109

1.1021 Last

1.101

1.096

1.093

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