8080212 11/7/2017 1:33 AM, USD/CAD Intraday: key resistance at 1.2780.


Pivot: 1.2780


Our preference:

short positions below 1.2780 with targets at 1.2710 & 1.2665 in extension.


Alternative scenario:

above 1.2780 look for further upside with 1.2800 & 1.2835 as targets.


Comment:

the RSI is bearish and calls for further downside.


Supports and resistances:


1.2835 **

1.2800 *

1.2780 ***


1.2730

Last

1.2710 **

1.2665 **

1.2615 *