(09 December 2020)USD/CAD Intraday support around 1.2790.

Pivot
 (invalidation): 1.2790
Our preference
Long positions above 1.2790 with targets at 1.2830 & 1.2850 in extension.
Alternative scenario
Below 1.2790 look for further downside with 1.2770 & 1.2750 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)