(21 JULY 2020)USD/CAD Towards 1.3485.

(21 JULY 2020)USD/CAD Towards 1.3485.

21 July 2020, 09:19
Jiming Huang
0
84

ca
Pivot
 (invalidation): 1.3540
Our preference
Short positions below 1.3540 with targets at 1.3500 & 1.3485 in extension.
Alternative scenario
Above 1.3540 look for further upside with 1.3560 & 1.3575 as targets.
Comment
A break below 1.3500 would trigger a drop towards 1.3485.

(By Swissquote TRADING CENTRAL)