Tanalys

USD/CAD Intraday: key resistance at 1.1875.

Pivot: 1.1875

Our preference: Short positions below 1.1875 with targets @ 1.176 1.173 in extension.

Alternative scenario: Above 1.1875 look for further upside with 1.1925 1.1955 as targets.

Comment: As long as 1.1875 is resistance, expect a return to 1.176.

Supports and resistances:

1.1955 *

1.1925 *

1.1875 **

1.1826 Last

1.176 **

1.173 ***

1.17 **

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