Tanalys

USD/CAD intraday: key ST resistance at 1.0535.

Pivot: 1.0535

Our preference: Short positions below 1.0535 with targets @ 1.0465 1.0435 in extension.

Alternative scenario: Above 1.0535 look for further upside with 1.057 1.061 as targets.

Comment: as long as 1.0535 is resistance, likely decline to 1.0465.

Key levels

1.061

1.057

1.0535

1.04855 last

1.0465

1.0435

1.04

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