(19 October 2020)USD/CAD Key resistance at 1.3200.

(19 October 2020)USD/CAD Key resistance at 1.3200.

20 October 2020, 02:11
Jiming Huang
0
80

ca
Pivot
 (invalidation): 1.3200
Our preference
Short positions below 1.3200 with targets at 1.3160 & 1.3140 in extension.
Alternative scenario
Above 1.3200 look for further upside with 1.3220 & 1.3240 as targets.
Comment
As Long as 1.3200 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)


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