Tanalys

USD/CAD Intraday: turning down.

Pivot: 1.115

Our preference: Short positions below 1.115 with targets @ 1.106 1.1025 in extension.

Alternative scenario: Above 1.115 look for further upside with 1.1195 1.122 as targets.

Comment: the RSI is bearish and calls for further decline.

Supports and resistances:

1.122

1.1195

1.115

1.1107 Last

1.106

1.1025

1.099

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