Trading-Log

USD/CAD Intraday: under pressure.

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
1
Pivot: 1.2980

Our preference: short positions below 1.2980 with targets @ 1.2880 & 1.2830 in extension.

Alternative scenario: above 1.2980 look for further upside with 1.3020 & 1.3080 as targets.

Comment: the RSI is mixed to bearish.

Supports and resistances:
1.3080
1.3020
1.2980
1.28770 Last
1.2880
1.2830
1.2780

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.