Tanalys

USD/CAD intraday: key ST resistance at 1.026.

Pivot: 1.026

Our preference: Short positions below 1.026 with targets @ 1.0185 1.015 in extension.

Alternative scenario: Above 1.026 look for further upside with 1.028 1.0295 as targets.

Comment: the pair stands below its previous high and remains under pressure as the RSI is reversing down.

Key levels

1.0295

1.028

1.026

1.0221 last

1.0185

1.015

1.012

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