8101672 11/10/2017 10:27 PM, USD/CAD Intraday: key resistance at 1.2700.


Pivot: 1.2700


Our preference:

short positions below 1.2700 with targets at 1.2660 & 1.2630 in extension.


Alternative scenario:

above 1.2700 look for further upside with 1.2725 & 1.2740 as targets.


Comment:

as long as the resistance at 1.2700 is not surpassed, the risk of the break below 1.2660 remains high.


Supports and resistances:


1.2740 **

1.2725 **

1.2700 ***


1.2678

Last

1.2660 **

1.2630 **

1.2600 *