Tanalys

USD/CAD Intraday: under pressure.

Pivot: 1.034

Our preference: Short positions below 1.034 with targets @ 1.0295 1.027 in extension.

Alternative scenario: Above 1.034 look for further upside with 1.0355 1.037 as targets.

Comment: the pair has broken below a bullish channel support.

Supports and resistances:

1.037

1.0355

1.034

1.0337 Last

1.0295

1.027

1.023

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