7748174 8/9/2017 6:36 PM, USD/CAD Intraday: the upside prevails.


Pivot: 1.2650


Our preference:

long positions above 1.2650 with targets at 1.2705 & 1.2730 in extension.


Alternative scenario:

below 1.2650 look for further downside with 1.2625 & 1.2585 as targets.


Comment:

the RSI lacks downward momentum.


Supports and resistances:


1.2760 *

1.2730 *

1.2705 ***


1.2677

Last

1.2650 ***

1.2625 **

1.2585 ***