(01 JULY 2020)USD/CAD The downside prevails.

Pivot
 (invalidation): 1.3595
Our preference
Short positions below 1.3595 with targets at 1.3550 & 1.3530 in extension.
Alternative scenario
Above 1.3595 look for further upside with 1.3615 & 1.3640 as targets.
Comment
Even though a continuation of the technical rebound cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)