7983130 10/12/2017 6:36 PM, USD/CAD Intraday: key resistance at 1.2490.


Pivot: 1.2490


Our preference:

short positions below 1.2490 with targets at 1.2430 & 1.2410 in extension.


Alternative scenario:

above 1.2490 look for further upside with 1.2530 & 1.2555 as targets.


Comment:

the RSI lacks upward momentum.


Supports and resistances:


1.2555 ***

1.2530 ***

1.2490 ***


1.2460

Last

1.2430 ***

1.2410 ***

1.2380 **