7974984 10/11/2017 6:54 AM, USD/CAD Intraday: key resistance at 1.2530.


Pivot: 1.2530


Our preference:

short positions below 1.2530 with targets at 1.2485 & 1.2460 in extension.


Alternative scenario:

above 1.2530 look for further upside with 1.2555 & 1.2580 as targets.


Comment:

the index currently faces a challenging resistance area at 1.2530.


Supports and resistances:


1.2580 ***

1.2555 ***

1.2530 ***


1.2512

Last

1.2485 **

1.2460 ***

1.2440 ***