Tanalys

USD/CAD ST: supported by a rising trend line.

Pivot: 1.212

Our preference: Long positions above 1.212 with targets @ 1.257 1.283 in extension.

Alternative scenario: Below 1.212 look for further downside with 1.1915 1.168 as targets.

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

Supports and resistances:

1.308 *

1.283 ***

1.257 **

1.2539 Last

1.212 ***

1.1915 **

1.168 *

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