(30 JULY 2020)USD/CAD Watch 1.3300.

(30 JULY 2020)USD/CAD Watch 1.3300.

30 July 2020, 09:17
Jiming Huang
0
72

ca
Pivot
 (invalidation): 1.3360
Our preference
Short positions below 1.3360 with targets at 1.3320 & 1.3300 in extension.
Alternative scenario
Above 1.3360 look for further upside with 1.3375 & 1.3400 as targets.
Comment
As Long as the resistance at 1.3360 is not surpassed, the risk of the break below 1.3320
remains high

(By Swissquote TRADING CENTRAL)