Tanalys

USD/CAD intraday: watch 1.05.

Pivot: 1.039

Our preference: Long positions above 1.039 with targets @ 1.05 1.0535 in extension.

Alternative scenario: Below 1.039 look for further downside with 1.036 1.033 as targets.

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

Key levels

1.059

1.0535

1.05

1.0481 last

1.039

1.036

1.033

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