Tanalys

USD/CAD intraday: towards 1.0525.

Pivot: 1.041

Our preference: Long positions above 1.041 with targets @ 1.048 1.0525 in extension.

Alternative scenario: Below 1.041 look for further downside with 1.036 1.031 as targets.

Comment: the RSI is bullish and calls for further upside.

Key levels

1.0555

1.0525

1.048

1.04655 last

1.041

1.036

1.031

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