in ANALISA by hafid zaini

7969879 10/10/2017 9:02 AM, USD/CAD Intraday: the downside prevails.


Pivot: 1.2560


Our preference:

short positions below 1.2560 with targets at 1.2520 & 1.2490 in extension.


Alternative scenario:

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


Comment:

the RSI is bearish and calls for further downside.


Supports and resistances:


1.2615 **

1.2595 ***

1.2560 ***


1.2525

Last

1.2520 ***

1.2490 ***

1.2460 **