(18 December 2020)USD/CAD Watch 1.2780.

Pivot
 (invalidation): 1.2715
Our preference
Long positions above 1.2715 with targets at 1.2765 & 1.2780 in extension.
Alternative scenario
Below 1.2715 look for further downside with 1.2700 & 1.2685 as targets.
Comment
The RSI advocates for further upside

(By Swissquote TRADING CENTRAL)