Tanalys

USD/CAD Intraday: key resistance at 1.1265.

Pivot: 1.1265

Our preference: Short positions below 1.1265 with targets @ 1.118 1.115 in extension.

Alternative scenario: Above 1.1265 look for further upside with 1.1295 1.135 as targets.

Comment: As long as the resistance at 1.1265 is not surpassed, the risk of the break below 1.118 remains high.

Supports and resistances:

1.135

1.1295

1.1265

1.1238 Last

1.118

1.115

1.112

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