(22 JULY 2020)USD/CAD Under pressure.

Pivot
 (invalidation): 1.3475
Our preference
Short positions below 1.3475 with targets at 1.3420 & 1.3400 in extension.
Alternative scenario
Above 1.3475 look for further upside with 1.3500 & 1.3520 as targets.
Comment
As Long as the resistance at 1.3475 is not surpassed, the risk of the break below 1.3420
remains high.

(By Swissquote TRADING CENTRAL)