Tanalys

USD/CAD intraday: key ST resistance at 1.019.

Pivot: 1.019

Our preference: Short positions below 1.019 with targets @ 1.013 1.01 in extension.

Alternative scenario: Above 1.019 look for further upside with 1.0225 1.025 as targets.

Comment: the RSI is capped by a bearish trend line.

Key levels

1.025

1.0225

1.019

1.0158 last

1.013

1.01

1.005

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