(10 January 2020)USD/CAD Under pressure.

(10 January 2020)USD/CAD Under pressure.

10 January 2020, 09:20
Jiming Huang
0
34

ca
Pivot
 (invalidation): 1.3085
Our preference
Short positions below 1.3085 with targets at 1.3040 & 1.3020 in extension.
Alternative scenario
Above 1.3085 look for further upside with 1.3105 & 1.3130 as targets.
Comment
As Long as 1.3085 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)

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