8082716 11/7/2017 3:52 PM, USD/CAD Intraday: up turn.


Pivot: 1.2720


Our preference:

long positions above 1.2720 with targets at 1.2780 & 1.2800 in extension.


Alternative scenario:

below 1.2720 look for further downside with 1.2700 & 1.2665 as targets.


Comment:

the break above the resistance at 1.2720 triggered an upward acceleration to 1.2780.


Supports and resistances:


1.2835 **

1.2800 *

1.2780 ***


1.2748

Last

1.2720 **

1.2700 **

1.2665 *