(09 November 2020)USD/CAD Towards 1.2960.

(09 November 2020)USD/CAD Towards 1.2960.

9 November 2020, 09:04
Jiming Huang
0
123

ca
Pivot
 (invalidation): 1.3045
Our preference
Short positions below 1.3045 with targets at 1.2990 & 1.2960 in extension.
Alternative scenario
Above 1.3045 look for further upside with 1.3070 & 1.3090 as targets.
Comment
A break below 1.2990 would trigger a drop towards 1.2960.

(By Swissquote TRADING CENTRAL)