7877729 9/14/2017 7:04 AM, USD/CAD Intraday: the bias remains bullish.


Pivot: 1.2125


Our preference:

long positions above 1.2125 with targets at 1.2215 & 1.2245 in extension.


Alternative scenario:

below 1.2125 look for further downside with 1.2080 & 1.2055 as targets.


Comment:

a support base at 1.2125 has formed and has allowed for a temporary stabilisation.


Supports and resistances:


1.2280 ***

1.2245 ***

1.2215 ***


1.2168

Last

1.2125 **

1.2080 **

1.2055 *