(21 August 2020)USD/CAD The downside prevails.

(21 August 2020)USD/CAD The downside prevails.

21 August 2020, 09:06
Jiming Huang
0
85

ca
Pivot
 (invalidation): 1.3195
Our preference
Short positions below 1.3195 with targets at 1.3155 & 1.3130 in extension.
Alternative scenario
Above 1.3195 look for further upside with 1.3215 & 1.3235 as targets.
Comment
The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)