Tanalys

USD/CAD intraday: key ST resistance at 1.0325.

Pivot: 1.0325

Our preference: Short positions below 1.0325 with targets @ 1.025 1.0215 in extension.

Alternative scenario: Above 1.0325 look for further upside with 1.0355 1.0395 as targets.

Comment: as long as 1.0325 is resistance, look for choppy price action with a bearish bias.

Key levels

1.0395

1.0355

1.0325

1.0273 last

1.025

1.0215

1.0165

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