7970315 10/10/2017 10:52 AM, USD/CAD Intraday: under pressure.


Pivot: 1.2560


Our preference:

short positions below 1.2560 with targets at 1.2490 & 1.2460 in extension.


Alternative scenario:

above 1.2560 look for further upside with 1.2595 & 1.2615 as targets.


Comment:

as long as the resistance at 1.2560 is not surpassed, the risk of the break below 1.2490 remains high.


Supports and resistances:


1.2615 **

1.2595 ***

1.2560 ***


1.2523

Last

1.2490 ***

1.2460 ***

1.2440 **