8082226 11/7/2017 1:36 PM, USD/CAD Intraday: under pressure.


Pivot: 1.2740


Our preference:

short positions below 1.2740 with targets at 1.2665 & 1.2630 in extension.


Alternative scenario:

above 1.2740 look for further upside with 1.2780 & 1.2835 as targets.


Comment:

the break below 1.2740 is a negative signal that has opened a path to 1.2665.


Supports and resistances:


1.2835 **

1.2780 *

1.2740 ***


1.2713

Last

1.2665 **

1.2630 **

1.2600 *