(16 November 2020)USD/CAD The downside prevails.

(16 November 2020)USD/CAD The downside prevails.

16 November 2020, 09:12
Jiming Huang
0
115

ca
Pivot
 (invalidation): 1.3140
Our preference
Short positions below 1.3140 with targets at 1.3075 & 1.3055 in extension.
Alternative scenario
Above 1.3140 look for further upside with 1.3170 & 1.3190 as targets.
Comment
The RSI has broken down its 30 level.

(By Swissquote TRADING CENTRAL)