(14 January 2020)USD/CAD Key resistance at 1.3065.

(14 January 2020)USD/CAD Key resistance at 1.3065.

14 January 2020, 08:52
Jiming Huang
0
21

ca
Pivot
 (invalidation): 1.3065
Our preference
Short positions below 1.3065 with targets at 1.3040 & 1.3025 in extension.
Alternative scenario
Above 1.3065 look for further upside with 1.3080 & 1.3095 as targets.
Comment
The upward potential is likely to be limited by the resistance at 1.3065.

(By Swissquote TRADING CENTRAL)

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