Tanalys

USD/CAD Intraday: key resistance at 1.1195.

Pivot: 1.1195

Our preference: Short positions below 1.1195 with targets @ 1.1095 1.105 in extension.

Alternative scenario: Above 1.1195 look for further upside with 1.127 1.135 as targets.

Comment: The upward potential is likely to be limited by the resistance at 1.1195.

Supports and resistances:

1.135

1.127

1.1195

1.1169 Last

1.1095

1.105

1.0985

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