Tanalys

USD/CAD intraday: turning up.

Pivot: 1.0355

Our preference: Long positions above 1.0355 with targets @ 1.047 1.052 in extension.

Alternative scenario: Below 1.0355 look for further downside with 1.0325 1.0285 as targets.

Comment: the RSI is supported by a rising trend line.

Key levels

1.056

1.052

1.047

1.0436 last

1.0355

1.0325

1.0285

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