Tanalys

USD/CAD Intraday: key resistance at 1.295.

Pivot: 1.295

Our preference: Short positions below 1.295 with targets @ 1.288 1.283 in extension.

Alternative scenario: Above 1.295 look for further upside with 1.3015 1.304 as targets.

Comment: As long as the resistance at 1.295 is not surpassed, the risk of the break below 1.288 remains high.

Supports and resistances:

1.304 ***

1.3015 **

1.295 ***

1.2913 Last

1.288 ***

1.283 **

1.28 **

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