Tanalys

USD/CAD Intraday: key resistance at 1.213.

Pivot: 1.213

Our preference: Short positions below 1.213 with targets @ 1.199 1.194 in extension.

Alternative scenario: Above 1.213 look for further upside with 1.221 1.227 as targets.

Comment: As long as 1.213 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.227

1.221

1.213

1.2082 Last

1.199

1.194

1.188

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