Tanalys

USD/CAD Intraday: key resistance at 1.263.

Pivot: 1.263

Our preference: Short positions below 1.263 with targets @ 1.255 1.2525 in extension.

Alternative scenario: Above 1.263 look for further upside with 1.267 1.271 as targets.

Comment: As long as 1.263 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.271

1.267

1.263

1.2571 Last

1.255

1.2525

1.247

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