Tanalys

USD/CAD Intraday: key resistance at 1.115.

Pivot: 1.115

Our preference: Short positions below 1.115 with targets @ 1.106 1.1025 in extension.

Alternative scenario: Above 1.115 look for further upside with 1.1195 1.122 as targets.

Comment: as long as 1.115 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.122

1.1195

1.115

1.1123 Last

1.106

1.1025

1.099

Copyright 1999 – 2014 TRADING CENTRAL

Exit mobile version