(08 January 2020)USD/CAD Watch 1.2955.

(08 January 2020)USD/CAD Watch 1.2955.

8 January 2020, 09:02
Jiming Huang
0
25

ca
Pivot
 (invalidation): 1.3005
Our preference
Short positions below 1.3005 with targets at 1.2975 & 1.2955 in extension.
Alternative scenario
Above 1.3005 look for further upside with 1.3030 & 1.3045 as targets.
Comment
A break below 1.2975 would trigger a drop towards 1.2955.

(By Swissquote TRADING CENTRAL)

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