Tanalys

USD/CAD Intraday: key resistance at 1.313.

Pivot: 1.313

Our preference: Short positions below 1.313 with targets @ 1.3055 1.302 in extension.

Alternative scenario: Above 1.313 look for further upside with 1.3175 1.3215 as targets.

Comment: As long as 1.313 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.3215

1.3175

1.313

1.3093 Last

1.3055

1.302

1.2985

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