Tanalys

USD/CAD Intraday: key resistance at 1.301.

Pivot: 1.301

Our preference: Short positions below 1.301 with targets @ 1.293 1.29 in extension.

Alternative scenario: Above 1.301 look for further upside with 1.305 1.308 as targets.

Comment: The upward potential is likely to be limited by the resistance at 1.301.

Supports and resistances:

1.308 **

1.305 ***

1.301 ***

1.2986 Last

1.293 ***

1.29 **

1.288 **

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