(30 December 2020)USD/CAD Under pressure.

(30 December 2020)USD/CAD Under pressure.

30 December 2020, 12:49
Jiming Huang
0
70


Pivot
 (invalidation): 1.2825
Our preference
Short positions below 1.2825 with targets at 1.2775 & 1.2760 in extension.
Alternative scenario
Above 1.2825 look for further upside with 1.2845 & 1.2860 as targets.
Comment
As Long as the resistance at 1.2825 is not surpassed, the risk of the break below 1.2775
remains high.

(By Swissquote TRADING CENTRAL)


Share it with friends: