Tanalys

USD/CAD intraday: turning down.

Pivot: 1.026

Our preference: Short positions below 1.026 with targets @ 1.0225 1.02 in extension.

Alternative scenario: Above 1.026 look for further upside with 1.028 1.03 as targets.

Comment: the RSI is badly directed.

Key levels

1.03

1.028

1.026

1.0235 last

1.0225

1.02

1.0185

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