Tanalys

USD/CAD Intraday: key resistance at 1.273.

Pivot: 1.273

Our preference: Short positions below 1.273 with targets @ 1.262 1.2565 in extension.

Alternative scenario: Above 1.273 look for further upside with 1.2795 1.2845 as targets.

Comment: The upward potential is likely to be limited by the resistance at 1.273.

Supports and resistances:

1.2845 **

1.2795 **

1.273 ***

1.269 Last

1.262 **

1.2565 ***

1.252 ***

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