Tanalys

USD/CAD ST: bullish bias above 1.1915.

Pivot: 1.1915

Our preference: Long positions above 1.1915 with targets @ 1.257 1.283 in extension.

Alternative scenario: Below 1.1915 look for further downside with 1.168 1.13 as targets.

Comment: The RSI lacks downward momentum. The pair is facing a pull back.

Supports and resistances:

1.308 *

1.283 ***

1.257 **

1.2333 Last

1.1915 ***

1.168 **

1.13 *

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