(20 January 2020)USD/CAD Bullish bias above 1.3055.

Pivot
 (invalidation): 1.3055
Our preference
Long positions above 1.3055 with targets at 1.3075 & 1.3090 in extension.
Alternative scenario
Below 1.3055 look for further downside with 1.3045 & 1.3030 as targets.
Comment
A support base at 1.3055 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)