(23 December 2020)USD/CAD Towards 1.2835.

(23 December 2020)USD/CAD Towards 1.2835.

23 December 2020, 09:13
Jiming Huang
0
92

 
Pivot
 (invalidation): 1.2930
Our preference
Short positions below 1.2930 with targets at 1.2865 & 1.2835 in extension.
Alternative scenario
Above 1.2930 look for further upside with 1.2960 & 1.2990 as targets.
Comment
A break below 1.2865 would trigger a drop towards 1.2835.

(By Swissquote TRADING CENTRAL)