(04 August 2020)USD/CAD Under pressure.

Pivot
 (invalidation): 1.3420
Our preference
Short positions below 1.3420 with targets at 1.3370 & 1.3350 in extension.
Alternative scenario
Above 1.3420 look for further upside with 1.3450 & 1.3480 as targets.
Comment
As Long as the resistance at 1.3420 is not surpassed, the risk of the break below 1.3370
remains high.

(By Swissquote TRADING CENTRAL)