(15 JULY 2020)USD/CAD Key resistance at 1.3625.

(15 JULY 2020)USD/CAD Key resistance at 1.3625.

15 July 2020, 09:10
Jiming Huang
0
82

ca
Pivot
 (invalidation): 1.3625
Our preference
Short positions below 1.3625 with targets at 1.3580 & 1.3555 in extension.
Alternative scenario
Above 1.3625 look for further upside with 1.3645 & 1.3670 as targets.
Comment
As Long as the resistance at 1.3625 is not surpassed, the risk of the break below 1.3580
remains high.

(By Swissquote TRADING CENTRAL)