Tanalys

USD/CAD intraday: the downside prevails.

Pivot: 1.0185

Our preference: Short positions below 1.0185 with targets @ 1.014 1.012 in extension.

Alternative scenario: Above 1.0185 look for further upside with 1.0215 1.0235 as targets.

Comment: the pair has rebounded but stands below its resistance, the RSI stands below its neutrality area.

Key levels

1.0235

1.0215

1.0185

1.01538 last

1.014

1.012

1.01

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