(20 November 2020)USD/CAD Under pressure.

(20 November 2020)USD/CAD Under pressure.

20 November 2020, 09:15
Jiming Huang
0
73

ca
Pivot
 (invalidation): 1.3100
Our preference
Short positions below 1.3100 with targets at 1.3050 & 1.3030 in extension.
Alternative scenario
Above 1.3100 look for further upside with 1.3125 & 1.3145 as targets.
Comment
As Long as the resistance at 1.3100 is not surpassed, the risk of the break below 1.3050
remains high.

(By Swissquote TRADING CENTRAL)