![(12 October 2020)USD/CAD Key resistance at 1.3160. (12 October 2020)USD/CAD Key resistance at 1.3160.](https://c.mql5.com/6/875/splash-740371.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
0
114
Pivot
(invalidation): 1.3160
Our preference
Short positions below 1.3160 with targets at 1.3105 & 1.3080 in extension.
Alternative scenario
Above 1.3160 look for further upside with 1.3180 & 1.3200 as targets.
Comment
As Long as the resistance at 1.3160 is not surpassed, the risk of the break below 1.3105
remains hig
(By Swissquote TRADING CENTRAL)