(27 August 2020)USD/CAD Key resistance at 1.3170.

Pivot
 (invalidation): 1.3170
Our preference
Short positions below 1.3170 with targets at 1.3130 & 1.3100 in extension.
Alternative scenario
Above 1.3170 look for further upside with 1.3195 & 1.3210 as targets.
Comment
As Long as the resistance at 1.3170 is not surpassed, the risk of the break below 1.3130
remains high.