Tanalys

USD/CAD ST: under pressure.

Pivot: 1.283

Our preference: Short positions below 1.283 with targets @ 1.168 1.13 in extension.

Alternative scenario: Above 1.283 look for further upside with 1.308 1.358 as targets.

Comment: The pair has broken below its support.

Supports and resistances:

1.358 **

1.308 ***

1.283 ***

1.2027 Last

1.168 **

1.13 ***

1.11 ***

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