Tanalys

USD/CAD Intraday: key resistance at 1.1295.

Pivot: 1.1295

Our preference: Short positions below 1.1295 with targets @ 1.118 1.115 in extension.

Alternative scenario: Above 1.1295 look for further upside with 1.135 1.1385 as targets.

Comment: As long as 1.1295 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.1385

1.135

1.1295

1.1222 Last

1.118

1.115

1.112

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