(09 January 2020)USD/CAD Towards 1.3065.

(09 January 2020)USD/CAD Towards 1.3065.

9 January 2020, 09:04
Jiming Huang
0
28

ca
Pivot
 (invalidation): 1.3020
Our preference
Long positions above 1.3020 with targets at 1.3045 & 1.3065 in extension.
Alternative scenario
Below 1.3020 look for further downside with 1.3000 & 1.2975 as targets.
Comment
A support base at 1.3020 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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