8081802 11/7/2017 11:15 AM, USD/CAD Intraday: watch 1.2665.


Pivot: 1.2780


Our preference:

short positions below 1.2780 with targets at 1.2665 & 1.2630 in extension.


Alternative scenario:

above 1.2780 look for further upside with 1.2820 & 1.2860 as targets.


Comment:

as long as 1.2780 is resistance, look for choppy price action with a bearish bias.


Supports and resistances:


1.2860 **

1.2820 *

1.2780 ***


1.2711

Last

1.2665 **

1.2630 **

1.2600 *