Tanalys

USD/CAD Intraday: key resistance at 1.3.

Pivot: 1.3

Our preference: Short positions below 1.3 with targets @ 1.29 1.281 in extension.

Alternative scenario: Above 1.3 look for further upside with 1.3045 1.309 as targets.

Comment: As long as 1.3 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.309 *

1.3045 *

1.3 ***

1.2963 Last

1.29 ***

1.281 ***

1.2765 ***

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