(02 January 2020)USD/CAD Capped by a negative trend line.

Pivot
 (invalidation): 1.3000
Our preference
Short positions below 1.3000 with targets at 1.2965 & 1.2950 in extension.
Alternative scenario
Above 1.3000 look for further upside with 1.3020 & 1.3045 as targets.
Comment
A break below 1.2965 would trigger a drop towards 1.2950.

(By Swissquote TRADING CENTRAL)