(06 January 2020)USD/CAD Towards 1.2955.

(06 January 2020)USD/CAD Towards 1.2955.

6 January 2020, 09:08
Jiming Huang
0
25

ca
Pivot
 (invalidation): 1.2990
Our preference
Short positions below 1.2990 with targets at 1.2970 & 1.2955 in extension.
Alternative scenario
Above 1.2990 look for further upside with 1.3005 & 1.3020 as targets.
Comment
A break below 1.2970 would trigger a drop towards 1.2955.

(By Swissquote TRADING CENTRAL)

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