in ANALISA by hafid zaini

7640371 7/12/2017 3:43 PM, USD/CAD ST: the downside prevails.


Pivot: 1.3200


Our preference:

short positions below 1.3200 with targets at 1.2820 & 1.2650 in extension.


Alternative scenario:

above 1.3200 look for further upside with 1.3430 & 1.3550 as targets.


Comment:

the break below 1.3200 is a negative signal that has opened a path to 1.2820.


Supports and resistances:


1.3550 *

1.3430 *

1.3200 ***


1.2912

Last

1.2820 **

1.2650 **

1.2460 **