Tanalys

USD/CAD Intraday: key resistance at 1.215.

Pivot: 1.215

Our preference: Short positions below 1.215 with targets @ 1.205 1.199 in extension.

Alternative scenario: Above 1.215 look for further upside with 1.221 1.227 as targets.

Comment: As long as 1.215 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.227

1.221

1.215

1.2106 Last

1.205

1.199

1.194

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