Tanalys

USD/CAD Intraday: key resistance at 1.2085.

Pivot: 1.2085

Our preference: Short positions below 1.2085 with targets @ 1.194 1.188 in extension.

Alternative scenario: Above 1.2085 look for further upside with 1.213 1.221 as targets.

Comment: The break below the support at 1.2085 triggered a bearish acceleration to the support at 1.194.

Supports and resistances:

1.221

1.213

1.2085

1.2038 Last

1.194

1.188

1.183

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