Tanalys

USD/CAD intraday: key ST resistance at 1.037.

Pivot: 1.037

Our preference: Short positions below 1.037 with targets @ 1.027 1.0245 in extension.

Alternative scenario: Above 1.037 look for further upside with 1.04 1.044 as targets.

Comment: as long as 1.037 is resistance, likely decline to 1.027.

Key levels

1.044

1.04

1.037

1.03247 last

1.027

1.0245

1.0175

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