Tanalys

USD/CAD intraday: key ST resistance at 1.066.

Pivot: 1.066

Our preference: Short positions below 1.066 with targets @ 1.0585 1.0555 in extension.

Alternative scenario: Above 1.066 look for further upside with 1.0725 1.076 as targets.

Comment: as long as 1.066 is resistance, look for choppy price action with a bearish bias.

Key levels

1.076

1.0725

1.066

1.06354 last

1.0585

1.0555

1.0515

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