Tanalys

USD/CAD Intraday: key resistance at 1.256.

Pivot: 1.256

Our preference: Short positions below 1.256 with targets @ 1.2445 1.24 in extension.

Alternative scenario: Above 1.256 look for further upside with 1.2625 1.267 as targets.

Comment: The upward potential is likely to be limited by the resistance at 1.256.

Supports and resistances:

1.267 ***

1.2625 ***

1.256 ***

1.2522 Last

1.2445 ***

1.24 **

1.233 **

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