Tanalys

USD/CAD intraday: key ST resistance at 1.0355.

Pivot: 1.0355

Our preference: Short positions below 1.0355 with targets @ 1.0245 1.0195 in extension.

Alternative scenario: Above 1.0355 look for further upside with 1.04 1.044 as targets.

Comment: as long as 1.0355 is resistance, look for choppy price action with a bearish bias.

Key levels

1.044

1.04

1.0355

1.0313 last

1.0245

1.0195

1.0165

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