8096707 11/10/2017 1:57 AM, USD/CAD Intraday: capped by a negative trend line.


Pivot: 1.2725


Our preference:

short positions below 1.2725 with targets at 1.2630 & 1.2600 in extension.


Alternative scenario:

above 1.2725 look for further upside with 1.2740 & 1.2755 as targets.


Comment:

as long as the resistance at 1.2725 is not surpassed, the risk of the break below 1.2630 remains high.


Supports and resistances:


1.2755 **

1.2740 **

1.2725 ***


1.2671

Last

1.2630 **

1.2600 **

1.2550 *