Tanalys

USD/CAD intraday: key ST resistance at 1.0345.

Pivot: 1.0345

Our preference: Short positions below 1.0345 with targets @ 1.0285 1.0265 in extension.

Alternative scenario: Above 1.0345 look for further upside with 1.0385 1.042 as targets.

Comment: as long as 1.0345 is resistance, look for choppy price action with a bearish bias.

Key levels

1.042

1.0385

1.0345

1.03138 last

1.0285

1.0265

1.0245

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