8089394 11/8/2017 7:46 PM, USD/CAD Intraday: under pressure.


Pivot: 1.2775


Our preference:

short positions below 1.2775 with targets at 1.2720 & 1.2700 in extension.


Alternative scenario:

above 1.2775 look for further upside with 1.2820 & 1.2835 as targets.


Comment:

as long as 1.2775 is resistance, look for choppy price action with a bearish bias.


Supports and resistances:


1.2835 **

1.2820 **

1.2775 ***


1.2736

Last

1.2720 **

1.2700 **

1.2685 *