8094572 11/9/2017 5:33 PM, USD/CAD Intraday: under pressure.


Pivot: 1.2750


Our preference:

short positions below 1.2750 with targets at 1.2700 & 1.2670 in extension.


Alternative scenario:

above 1.2750 look for further upside with 1.2780 & 1.2800 as targets.


Comment:

as long as 1.2750 is resistance, look for choppy price action with a bearish bias.


Supports and resistances:


1.2800 **

1.2780 **

1.2750 ***


1.2724

Last

1.2700 **

1.2670 **

1.2630 *