(27 October 2020)USD/CAD Turning down.

(27 October 2020)USD/CAD Turning down.

27 October 2020, 09:20
Jiming Huang
0
114

ca
Pivot
 (invalidation): 1.3220
Our preference
Short positions below 1.3220 with targets at 1.3160 & 1.3140 in extension.
Alternative scenario
Above 1.3220 look for further upside with 1.3240 & 1.3260 as targets.
Comment
The RSI shows downside momentum.

(By Swissquote TRADING CENTRAL)