Tanalys

USD/CAD intraday: key ST resistance at 1.022.

Pivot: 1.022

Our preference: Short positions below 1.022 with targets @ 1.014 1.01 in extension.

Alternative scenario: Above 1.022 look for further upside with 1.028 1.0355 as targets.

Comment: the upward potential is likely to be limited by the resistance at 1.022.

Key levels

1.0355

1.028

1.022

1.02011 last

1.014

1.01

1.005

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