Tanalys

USD/CAD intraday: key ST resistance at 1.031.

Pivot: 1.031

Our preference: Short positions below 1.031 with targets @ 1.021 1.0175 in extension.

Alternative scenario: Above 1.031 look for further upside with 1.0375 1.045 as targets.

Comment: as long as the resistance at 1.031 is not surpassed, the risk of the break below 1.021 remains high.

Key levels

1.045

1.0375

1.031

1.0252 last

1.021

1.0175

1.0145

Copyright 1999 – 2013 TRADING CENTRAL

Exit mobile version