(17 August 2020)USD/CAD Key resistance at 1.3270.

(17 August 2020)USD/CAD Key resistance at 1.3270.

17 August 2020, 09:12
Jiming Huang
0
91

USD/CAD ca
Key resistance at 1.3270.
Pivot
 (invalidation): 1.3270
Our preference
Short positions below 1.3270 with targets at 1.3230 & 1.3205 in extension.
Alternative scenario
Above 1.3270 look for further upside with 1.3295 & 1.3315 as targets.
Comment
As Long as 1.3270 is resistance, likely decline to 1.3230

(By Swissquote TRADING CENTRAL)


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