(16 December 2020)USD/CAD Under pressure.

(16 December 2020)USD/CAD Under pressure.

16 December 2020, 09:34
Jiming Huang
0
79

ca
Pivot
 (invalidation): 1.2730
Our preference
Short positions below 1.2730 with targets at 1.2675 & 1.2650 in extension.
Alternative scenario
Above 1.2730 look for further upside with 1.2750 & 1.2770 as targets.
Comment
As Long as the resistance at 1.2730 is not surpassed, the risk of the break below 1.2675
remains high.

(By Swissquote TRADING CENTRAL)