(30 December 2020)USD/CAD Under pressure.

Pivot
 (invalidation): 1.2825
Our preference
Short positions below 1.2825 with targets at 1.2775 & 1.2760 in extension.
Alternative scenario
Above 1.2825 look for further upside with 1.2845 & 1.2860 as targets.
Comment
As Long as the resistance at 1.2825 is not surpassed, the risk of the break below 1.2775
remains high.

(By Swissquote TRADING CENTRAL)