Tanalys

USD/CAD intraday: key ST resistance at 1.035.

Pivot: 1.035

Our preference: Short positions below 1.035 with targets @ 1.025 1.0215 in extension.

Alternative scenario: Above 1.035 look for further upside with 1.0395 1.044 as targets.

Comment: as long as 1.035 is resistance, look for choppy price action with a bearish bias.

Key levels

1.044

1.0395

1.035

1.0312 last

1.025

1.0215

1.013

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