7986693 10/13/2017 10:45 AM, USD/CAD Intraday: the bias remains bullish.


Pivot: 1.2450


Our preference:

long positions above 1.2450 with targets at 1.2490 & 1.2525 in extension.


Alternative scenario:

below 1.2450 look for further downside with 1.2430 & 1.2410 as targets.


Comment:

a support base at 1.2450 has formed and has allowed for a temporary stabilisation.


Supports and resistances:


1.2555 ***

1.2525 ***

1.2490 ***


1.2469

Last

1.2450 ***

1.2430 ***

1.2410 **